To the first question-I think yes. Dollars are loaned into existence to produce something, and the production is used to pay back the debt, extinguishing the money.
When "too much" money is loaned into existence (I.e perhaps because of the supression of interest rates) to produce things, it is still economic growth, but borrowed economic growth from the future.
Deleted Account
npub1l5…eygs8
2024-02-10 18:07:17
in reply to nevent1q…e3u7
Author Public Key
npub1l5pufej5mfnhcl3wjznty0r32d0kra3xxlutpvhde7730jf0x0hq8eygs8Published at
2024-02-10 18:07:17Event JSON
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