cm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 1 month agoLuxury bones? In this economy.lemmy.mlimagemessage-square30fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageLuxury bones? In this economy.lemmy.mlcm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 1 month agomessage-square30fedilink
minus-squareturnip@sh.itjust.workslinkfedilinkEnglisharrow-up0·1 month agoThe further you get from the gold standard the worse it gets. Because debt needs to grow to pay past debt, and mortgage debt is what we use to boost GDP.
minus-squareiknowitwheniseeit@lemmynsfw.comlinkfedilinkarrow-up0·1 month agoDebt is not a force of nature. Money is owed to someone.
The further you get from the gold standard the worse it gets. Because debt needs to grow to pay past debt, and mortgage debt is what we use to boost GDP.
Debt is not a force of nature. Money is owed to someone.