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Do you think that controlled inflation will solve the real problems?
Keynes wrote in 1936: "Speculators may do no harm as bubbles on a steady stream of enterprise. But the situation is serious when enterprise becomes the bubble on a whirlpool of speculation." It levelled to way for Professor Joseph Stiglitz and many others after him, who have established that the money system has mathematical flaws (idications of a Pyramid-game ) leading to abuse. In 1970 the financial economy was about as big as the “real” economy (you, me,governmentactions, trade, transport, factories, services). By the development of the computer it has rapidly grown and nowadays is 25 times as big, Yes, we only use 4% of the supply of money for all our transactions, the rest is sitting somewhere collecting interest and revenue very efficiently. Don’t believe me, check it. You’ll learn a lot if you know how to get out of the straitjacket of economic dogmas. That is why the banks are buckets with big holes. And this situation is not reversible. I strongly believe we have to question the structure of our money.