We have all we need for everyone to live well.

Wednesday, April 27, 2016

The government cannot run out of money

h/t @StephanieKelton: "Permit me to translate Greenspan: 'It's about real resource constraints not financial constraints.'"

And yet people hold on to their ideas about money as though religion, and so we cannot be a modern nation with modern amenities, and the suffering shall continue. Because we think we can run out of fiat.

No comments:

Post a Comment

I encourage and appreciate your comments, which I moderate to prevent spam – yours will be published shortly.