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Where the money came from in our society ? Let's normalize the total amount of money of today at 100. If the economic grow of a 5% a year, in 365 days the tot
by siscia 11y ago
Where the money came from in our society ?
Let's normalize the total amount of money of today at 100.
If the economic grow of a 5% a year, in 365 days the total amount of money will be 105, where those 5 come from ?
Suppose you build a fountain, you pay whoever physically build it, and your money go from you to the builder, the total amount of money in the system is the same, it just change hand, however now your city enjoy a new fountain which bring some amount of new value.