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Growth is driven by the mathematics of compound interest on a deficit-based money supply.

Change that, and you change everything by removing the principal obstacle to "contraction and convergence".

The reason I am optimistic that the change may be made is that:

(a) the current system is breaking down as we speak;

(b) there is an "emergent" alternative.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Thu Dec 6th, 2007 at 09:55:00 AM EST

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