What you probably never realized is most #inflation does not come from printing #currency, it comes from giving out loans with #interest. When a loan is made with interest, that interest is how new money is created.
The currency is only printed to pay the interest, but you can never print enough to payoff the debt. Why? Because ever note printed comes with interest
#EternalDebt #DailyMemo
The currency is only printed to pay the interest, but you can never print enough to payoff the debt. Why? Because ever note printed comes with interest #EternalDebt #DailyMemo
The problem is never the
#economy, but the
#MonetarySystem. The only solution to fix the economy of any country is to fix the rigged monetary system. That is Y
#BCH is valuable
#Share
I've pushed Member Version 2.1 to the main site - this includes the new Reddit style theme. Main site is also faster than the dev site.
https://memberapp.github.io
How does the downvote work, since it doesn’t exist on memo.cash?
The purpose of life is not to be happy. It is to be useful, to be honorable, to be compassionate, to have it make some difference that you have lived and lived well.
I disagree. Many people who are not happy commit suicide.
