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You can't have an exponential debt system without occasional jubilees. It's like designing a hot water system without a safety pressure valve!
Or a tenement building with no fire escape.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
by melo (melometa4(at)gmail.com) on Thu Nov 6th, 2014 at 09:55:52 PM EST
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