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by zerogvt
2570 days ago
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Speaking reasonably and from an ecologic point of view you're 100% right. But for the current economic system simple sustenance, i.e. not growing, is similar to death. It's much like a shark, if it stops moving it cannot breathe. I think a lot of it is down to being powered by loans which in essence can be paid back only if the total output grows. Imagine a bank that lends you 100K to set up a business. You'll pay back eventually more than you initially got -say 130K- over a period of the next 10 yrs. The extra 30K will only appear in the economy somewhere if the economy grows. At least that's how this game is supposed to be played. |
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