Technology companies linked to Artificial Intelligence (AI) are contributing to the inflation of global debt, which is already approaching $346 trillion, or 310% of GDP, according to the…
This one but in the now/future. Basically a lot of money was printed to pay for things but in order to not cause inflation we had to create debt to destroy that money in the future.
The last part could sorta be unwound in a more or less peaceful way (though very interventionist and the amounts involved are so large that we would see an explosion of corruption as the wealthy tried to extract gains from it by hook and by crook), but the first part would require a Revolution that tore down all existing ownership structures.
Which planet do we owe the money to?
This one but in the now/future. Basically a lot of money was printed to pay for things but in order to not cause inflation we had to create debt to destroy that money in the future.
Honestly it pretty much gets generated out of thin air to start with and then everyone further loans the same money around to eachother.
Mainly the poorer owe that to the richer.
Also the richer owe that to each other.
The last part could sorta be unwound in a more or less peaceful way (though very interventionist and the amounts involved are so large that we would see an explosion of corruption as the wealthy tried to extract gains from it by hook and by crook), but the first part would require a Revolution that tore down all existing ownership structures.
Future Earth of course. We’re paying that down for the next century like bad student loans.
ever wonder why why we stopped talking to Pluto?
We owe it to each other, or to the oligarchs.