Originally Posted by jgw
economy IS money!

A curious, but unrecognized fact, is that the world’s currency is primarily debt, with money coming in far behind.

World debt is around $381 trillion, while world money supply is $37 trillion.

Does this fact have any effect on what your understanding of an “economy” is?


You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.
R. Buckminster Fuller