[stocknoob]

Even finance isn’t zero sum. The money supply is literally something that is managed. When you take a loan, the bank has created money, since the deposits are still on the books. When you buy insurance, you are getting security, insurance company is getting a premium, and you are both happy.

When you take a loan and start a business, the bank makes money on the interest, and you (hopefully) make money because your business is providing more value than it was. You bought a new machine and make widgets 10x faster, etc.

Also, people confuse money and wealth. One is bandwidth, the other is data. You use bandwidth to transfer data, which is what you care about, and its possibility for creation is basically limitless.

[koyanisqatsi]

You probably should spend some more time thinking about how that all fits together because saying that the bank creates money from interest rates means that the central bank sets the rate according to what economic growth they're expecting. If the rate is decoupled then it stops tracking real economic productivity as I've defined it. The obvious logical conclusion is that raising rates will lead to a recession because economic productivity has been stagnant for some time now. So if the rate is above actual economic productivity then that will reduce the total money supply and this seems to be their main goal. There is no way to reduce inflation without destroying money.

[twblalock]

> There is no way to reduce inflation without destroying money.

Of course there is. When inflation is caused by supply restrictions, increasing supply will reduce the rate of inflation. Inflation is about prices, it's not about the money supply per se.

You've been making some weird personal attacks and telling people they need to "spend some more time thinking" and you should really stop doing that.

[koyanisqatsi]

Telling people to think is only a personal attack if they prefer not to.