GhostOnTheHalfShell on Nostr: Kyle Montanio Emeritus Prof Christopher May So smell test question here. Agree or ...

Kyle Montanio (npub165c…tdlq)

Emeritus Prof Christopher May (npub12pw…zvxn)

So smell test question here.

Agree or disagree that:

National deficit + private credit (growth in loans)

= GDP (partially accounting identity right?)

= energy use (the usual heterodox suspects)

And

Interest and inflation are wealth transfer (redistribution). In the latter case, Blair Fix argued this in 2019. interest compounds with inflation amplifying debt.

So, I tend to assert that interest and inflation require growth

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