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This is pretty good. The one element that I don't see here is the connection between money supply growth and increases in population and productivity. If mone
by secabeen 9y ago
This is pretty good. The one element that I don't see here is the connection between money supply growth and increases in population and productivity. If money is a representation of the value that people generate, we need a source of money that roughly grows at the rate of growth in value created by humans. Otherwise, we end up with significant inflation or deflation, both of which are bad.