Debita

2 Comments:

 danightman said...

Alas, the issue with economies based on debt, which is what a fiat currency based economy is, puts itself in the hands of merciless nature.

It reduces all choice to random nature, and while God always forgives and man sometimes forgives, nature is implacable.

Nature never forgives.

BTW, doesn't this also prove the ancient Greek idiom, "Hubris begets nemesis."

12:34 AM    The Western Confucian said...

Well said.

3:27 AM  

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2 Comments:

 danightman said...

Alas, the issue with economies based on debt, which is what a fiat currency based economy is, puts itself in the hands of merciless nature.

It reduces all choice to random nature, and while God always forgives and man sometimes forgives, nature is implacable.

Nature never forgives.

BTW, doesn't this also prove the ancient Greek idiom, "Hubris begets nemesis."

12:34 AM    The Western Confucian said...

Well said.

3:27 AM  

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