3 ms·
I don’t know what “Greed is linear” means. Greed is unbound, if it is really greed. And it’s exponential, if it simply means ambitious and wise use of resource
by Nevermark 3y ago
I don’t know what “Greed is linear” means.
Greed is unbound, if it is really greed. And it’s exponential, if it simply means ambitious and wise use of resources.
I would ditch the psychology economic babble.
There is certainly a case to be made that increasing employment by expanding the money supply is an addictive short term fix paid for with predictable long term damage to the purchasing power of existing laborers.
Inflation leaves valuable assets just as valuable, but undermines fixed or sticky income streams.