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"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Thomas More, The Sadness of Christ (Gethsemane), Tower of London, 1535

Showing posts with label geometric expansion. Show all posts
Showing posts with label geometric expansion. Show all posts
25 June 2009

Jesse's Question for the Day

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The expansion of credit in a fractional reserve banking system seems to be geometric. The spending in the wage - price function, as captured...
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