4 ms·
Well to be fair, borrowing with interest works really well only in the presence of endless growth.
by anon4 12y ago
Well to be fair, borrowing with interest works really well only in the presence of endless growth.
- gizmo686 12y agoNot necessarily. Borrowing with interest also works in the presence of endless inflation; it does not necessarily need real growth.
- toomuchtodo 12y agoBut does it work with near-zero inflation or deflation?