We have written numerous articles about capital consumption. Our monetary system has a falling interest rate, which causes both capital churn and conversion of one party’s wealth into another’s income. It also has too-low interest, which encourages borrowing to consume (which, as everyone knows, adds to Gross Domestic Product—GDP). What Is Capital At the same […]
https://monetary-metals.com/wp-content/uploads/2019/03/japan-is-a-giant-capital-destruction-machine.jpg6001200Keith Weinerhttp://monetary-metals.com/wp-content/uploads/2018/02/MM-MonetaryMetals-Unlock-Homepage-295x62.pngKeith Weiner2019-03-04 05:55:312019-03-03 20:30:44Is Capital Creation Beating Capital Consumption? Report 3 Mar
