You couldn't be more economically illiterate. In todays economy banks make almost all the money in the economy. Govt creates comparatively nothing. Less than 10% of money in the economy is cash (and therefore the govt would have to print A LOT of money to have any effect)
NATIONAL DEBTS AND GOVT MONEY-PRINTING BURN UP NATURE’S SCARCE RESOURCES BY MASSIVELY SUBSIDIZING PRESENT CONSUMPTION AT THE EXPENSE OF THE FUTURE. If you’re not incessantly talking about this, you are not an environmentalist.
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Boy you need to research central banking.
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Well actually I have and I do know about it. you don't understand that normal banks are a significant factor in a countrys money supply, along with the Central Bank (they work together). The fact that you don't actually have anything to counter me with merely shows you don't know
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Well he put it in all caps so it must be a good argument
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Austrian economics is the only thing that can guarantee a future for humanity.
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Don't see a single counter argument to this tweet in the comments so far lol
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Caps lock stuck?
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How about the amount of paper used to send us a trash can full of junk mail every week! Nobody ever mentions this, but not getting a receipt at the bank is "going green"
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Plus debts inflate money supply causing our currency to plummet
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That frontier is determined by technology and resource availability. Debt pulls resource consumption forward in time tweaking the curve you mention. Get with the program.
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And production can be increased via debt. So debt leads to overconsumption of both renewable and nonrenewable resources.
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If I have zero dollars for an apple but take out a loan for said apple it leads to consumption that would have happened later. This is how debt works. Eating tomorrow's apple paid for with money I have yet to earn.
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They printed too much , took out too much debt and pulled too much consumption forward. Now look where they are.
End of conversation
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