Friday, June 3, 2016

The Growth Trap

The growth trap is the assumption of business that growth and health are the same thing – and I understand how they got back that way – that when you have a debt-based monetary system it has to pay back to the central banks more than was borrowed and that requires growth. So if you have a currency that requires growth in order to have value you’re going to have all these businesses biased towards growth rather than everything else. - Douglas Rushkoff

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