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alstry (< 20)

THE ONLY essay you ever need to read about DEBT BASED MONEY



April 24, 2012 – Comments (1)

Something Alstry has been saying for over three years....welcome to the

1 Comments – Post Your Own

#1) On April 24, 2012 at 6:10 PM, DJDynamicNC (40.42) wrote:

Fatal flaw early in the article is in its simplistic description of decreasing monetary value by increasing the money supply.

It assumes that the value of goods and services on offer never increases with an increase in the money supply, but historically that hasn't been the case. It is quite clear, in fact, that I am now able to purchase far more services or goods than I would have been able to 1,000 years ago, or even 100 years ago.

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