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Richard Stallman's Political Notes

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Debt-based currency

mercredi 9 novembre 2016 à 01:00

Arguing that debt-based currency must be abolished because it requires countries to run unsustainable economic growth.

I am not sure this argument is conclusive. I think it would be possible to run some continued economic growth in a sustainable way, although that is not how it's being done at present.

But the idea of changing the monetary system might have other advantages such as reducing the concentration of wealth.