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Future of Money and one question ( simple and stupid )?
02-21-2014, 07:45 PM
Post: #2
Musta Krakish Offline
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yes, amount of wealth and money can grow.

You have a French guy on a bare island after a shipwreck. He starves and sleeps under a tree.

Then you have an English guy on a similar island. He builds himself a house, cultivates edible plants, and hunts fish with a spear. So he is clearly better off then the French guy.

Same thing in economy - some cultures are capable of producing wealth and quality of life, and some aren't. Money and fractional banking have nothing to do with it.
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[] - Musta Krakish - 02-21-2014 07:45 PM

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