The End of Money
The End of Money
Monday, March 10, 2008 The greatest shortcoming of the human race is our inability to understand the exponential function. ~ Dr. Albert Bartlett While it was operating well, our monetary system was a great system, one that fostered incredible technological innovation and advances in standards of living. But every system has its pros and its cons, and our monetary system has a doozy of a flaw. It is run by humans. Oh, wait, that’s a valid complaint, but not the one I was looking for. Here it is: Our monetary system must continually expand, forever. What’s going on here? Could
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