https://elitetrader.com/et/threads/ecological-economics.310551/ QUOTE "OddTrader, post: 4474021, member: 16208"https://en.wikipedia.org/wiki/Ecological_economics Natural resources flow through the economy and end up as waste and pollution GLOBAL GEOCHEMICAL CYCLES CRITICAL FOR LIFE Nitrogen cycle Water cycle Carbon cycle Oxygen cycle UNQUOTE
California the richest state of the USA could have built a desal plant to cope with the drought of the last few years. But no they are too mean to do that and a lot of land has returned to desert. I am glad to see the rain has returned recently but for how long ? They have major traffic and smog problems too but won't cough up the money to fix them.
the premise is false.it has nothing to do with currently low inflation.banks are sitting on billions if not trillion they are not willing to loan out. this situationis is the result of the government increasing the monetary base by 3 X since the crash of 2008. usually the interest rate is equal to the risk free rate of return +inflation rate. the rate of return is much less than normal because banks are wary of making loans and are lacking in confidence in the economic future of the US. the situation will change one day . the result will be hyper inflation. inflation is no good for the middle class who will get wiped out. the poor will starve and the upper class will win because their large loans will be repaid in near worthless currency. there has never been a country that can inflate itself to prosperity/ if that was the case Brazil and Venezuela , Argentina would be among the richest countries in the world. ps nobody forces people to keep their money in these low paying instruments.