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A comment on Can We Have Prosperity Without Growth?. Parent comment

Re:Can We Have Prosperity Without Growth? by modo_mario on Tuesday February 04, 2020 @07:42AM (#22234876)
>But the other side of debt is somebody's deposit.

Not necessarily. Modern banking systems have created plenty of 'money' out of nowhere.

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Re:Can We Have Prosperity Without Growth? by BlueTemplar on Tuesday February 04, 2020 @12:32PM (#22238363)
Yeah, more like "on the other side of someone's deposit, there's X times more debt" - with X being generally allowed to go as high as 20... but the banks routinely break/work around that rule...
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