Daily Archives: December 30th, 2008

Economic Proverbs for a sustainable future

Economic Proverbs for a sustainable future

Only lend money if you have it to lend.
Only create new money once it is backed by an asset
Reward people for consuming less
Require Rewards to be invested to create new resources
Measure economic success by the productive assets we possess

These proverbs contrast with the way the world’s economic system is currently [...]