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RE: When the world economy collapses once again due to the negligence of central bankers. Maybe we can have them listen to this lecture by Alan Watts.

in #economy8 years ago

Agreed! On some level what we are capturing is the wealth afforded to us by a growing human intelligence, our need to communicate and share, and automated systems which give us the security and speed to keep things liquid. But also, we now get a bonus due to the recklessness and excess created by our society and central banks. This is why cryptocurrency and anything "real" can benefit from the coming inflation, while those who hold onto paper and centralized bank credits may end up with only that in the end, with whatever value it once had removed.