The Three Principles of Debt and the Printing of Money by the Central Bank

When we become so prosperous, it costs more to do things here. So someone else can do it cheaper and copy or create new innovation. We our financial system has loaned us money in the hope of a real return. And when you don't give them real return, like we're not giving them the real return now, then they sell the debt, and interest rates go up. The day of paying back comes - whether you pay it back in hard money, or deflated money. That means quite a change in your spending is quite a change. It's like borrowing. When you borrow, it's like borrowing stuff. But but think of it, you're borrowing stuff. And

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