Post
Topic
Board Economics
Re: Econmic Inequality
by
leen93
on 27/11/2014, 18:50:15 UTC
Nope, it's the corrupt politicians and bankers.  It's the monopoly on the ability to create money that is the problem, not capitalism.
Roll Eyes It's this kind of useless logic that works against progress, not for it.

Progress will only occur when people choose to opt out of the current fiat, debt-based monetary system.  Anyone trying to improve society within the current monetary system is just spinning their wheels.
I am sure a deflationary currency (like bitcoin) is the worst for society in general, it's just a brake on economic growth. But happily we don't need to wory about that, your dreams will never come true  Cheesy I have some bitcoins (because I want to earn some money) but it would be disastrous to society if it would be the main global currency, surpassing the market cap of the dollar... But I'm sure that will never happen and we will not even get close to that =)