When MMT proponents speak about unused productive capacities they mainly mean unemployment.
They don’t see that it also means remaining natural resources.
Low interest policies create an economy that exploits nature for a little participation on overall growth.
#Bitcoin
If the current level of wealth concentration happened DESPITE persons in charge at central banks and political committees „with best intentions“, how bad would it be if there were grifters and authoritarians in charge?
The monetary system is broken.
Notes by philparma | export