Book Excerpt: The wrong math
This is an excerpt from
The Five Stages of Collapse: Survivors' Toolkit
. Please order your copy for shipment in May.
Regular price $18.00 USD Autographed, numbered copy $28.00 USD
NOT THE COVER!An argument can be made that lending at any rate of interest above 0 percent eventually leads to a deflationary collapse followed by a quick but painful bout of hyperinflation thrown in at the very end. A positive interest rate requires exponential growth, and exponential growth, of anything, anywhere, can only produce one outcome: collapse. This is because it quickly outpaces any sustainable physical process in the universe, outside of a few freak cases such as a sustained nuclear explosion, where the entire universe blows up, taking all of us with it, along with all of our debts.
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Regular price $18.00 USD Autographed, numbered copy $28.00 USD
NOT THE COVER!An argument can be made that lending at any rate of interest above 0 percent eventually leads to a deflationary collapse followed by a quick but painful bout of hyperinflation thrown in at the very end. A positive interest rate requires exponential growth, and exponential growth, of anything, anywhere, can only produce one outcome: collapse. This is because it quickly outpaces any sustainable physical process in the universe, outside of a few freak cases such as a sustained nuclear explosion, where the entire universe blows up, taking all of us with it, along with all of our debts. Read more »
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