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Important: to read this comment you will have some basic knowledge about the (somewhat tricky) concept of „ecological footprint“*. I will begin with an important distinction „relative poverty' compared to „absolute poverty“. Historically seen the term relative poverty...
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I understand the need for sound money. That hit me as clear as a punch on the nose, so there’s no need to go into that at all. What I want to do is understand why carefully targeted ‘stimulus spending’ is necessarily bad, both under a gold standard and under fiat money. I’m going...