/lit/ - Literature

>>23324560
Ya but I still don't understand what your point is?

>>23325033
>But that's exactly the case in real life.
Obviously money is more endogenous in reality but the point is mainstream academic models and popular understanding is more exogenous.

>>23325149
>does not even get into the fact that if no new money is created, then there would never be enough money to pay back all debt as all money is created as a loan due to be paid back in a particular time.
Most historic debt was defaulted on in one way or another, prices have always been pretty stable in the long run traditionally. A system of global free floating currencies never existed before the 1970s, many still refuse to believe the US government can just roll over dollar debt in perpetuity and meet any interest payments on it's monopoly money

>>23325176
Look into the history of mining metals lol

>>20285209
Remember, if Soros never attacked the pound Britain would of stayed in the ERM and adopted the Euro under Blair making Brexit basically impossible.

>>14236076
Under libertarianism corporations couldn't exist. People would just own gold and ignore ponzi corporate stock

>>14176609
good, you don't need worthless fiat

>>10943344
Double sequential dubs of truth,keep it real my man!