The ECB lowered its rate to 0% for the first time.

Current Economy and Sustainable Development-compatible? GDP growth (at all costs), economic development, inflation ... How concillier the current economy with the environment and sustainable development.
Ahmed
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Re: The ECB lowers its rate to 0% for the first time.




by Ahmed » 13/03/16, 16:58

Serious fault, serious fault! As you go! There is only fault if the journalist's interpretation does not correspond "to the editorial line" (sic!) Of the media. :P
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Re: The ECB lowers its rate to 0% for the first time.




by Remundo » 13/03/16, 17:06

anyway, this very technical subject is taboo: it is not normal that private banks are allowed to capture X% interest on thousands of billions of euros created ex nihiloespecially when it comes to indebted states.
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Ahmed
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Re: The ECB lowers its rate to 0% for the first time.




by Ahmed » 13/03/16, 17:36

Not if we consider that those who are at the head of states are working for the economic oligarchy and against those who have inadvertently elected them: a simple fiction allowed by the falsifying concept of "democracy".
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Re: The ECB lowers its rate to 0% for the first time.




by Christophe » 13/03/16, 19:49

Ahmed wrote:Not if we consider that those who are at the head of states are working for the economic oligarchy and against those who have inadvertently elected them: a simple fiction allowed by the falsifying concept of "democracy".


Very good note: do you want to twitter and make a viral buzz?

Oh no, it's too smart and "anti" democratic for it to pass through the filters of twitter ... and facebook ... and consors ... : Evil:
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Ahmed
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Re: The ECB lowers its rate to 0% for the first time.




by Ahmed » 13/03/16, 20:34

Stopped! You're going to make me blush! : Oops:
It is often argued a correlation between democracy and a market economy, yet it is not a necessity and the market accommodates very well of a dictatorship. However, democratic fiction (= I have the right to choose between the same) is simpler than authoritarian forms; once the monarchs derived their legitimacy from God (it had the mouth, if I can afford!), difficult to challenge God ... A tyrant must rely on a vast device of control, which is random along the long term and thermodynamically inefficient. The most cunning solution is to make the people the source of the power exercised over them: impossible to disown oneself! This sophism, which could have been the work ofexnihiloest if he was born in time, has been commented abundantly by the most brilliant and lucid analyst of this democratic concept: the (nevertheless) very royalist Alexis de Tocqueville.
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