Originally Posted by DjEclipse
2012 we have all this know-how and not much to show for it. More of the same won't remedy that. We need huge infrastructure upgrades that would likely cost every dime in the world. Lightbulb moment, money doesn't make the world go round, it's slowing us down.
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In the western version of monetary policy (FED/ECB) it's all debt based, meaning every piece of currency is owed back to a bank, plus interest. There's just enough money in the system though to keep it going, at the moment anyways. That's something that needs to go IMO.