Most central banks dictate that there should be 2% inflation, which means the economy needs to grow 2% per year. But we live in a world with linear resources so unless we talk about virtual goods the economy cannot grow that much and still be sustainable over the long run. Basically it will violate a nature law which says we cannot ventilate that much heat into space as the economic growth requires.
"At that 2.3% growth rate, we would be using energy at a rate corresponding to the total solar input striking Earth in a little over 400 years. We would consume something comparable to the entire sun in 1400 years from now - See more at: http://physics.ucsd.edu/do-the-math/2012/04/economist-meets-...
Further the FED is privatly owned by banks.
Economics is trying to violate nature laws, it cannot do that so the current system will fail. A new sustainable economic system will emerge.
"At that 2.3% growth rate, we would be using energy at a rate corresponding to the total solar input striking Earth in a little over 400 years. We would consume something comparable to the entire sun in 1400 years from now - See more at: http://physics.ucsd.edu/do-the-math/2012/04/economist-meets-...
Further the FED is privatly owned by banks.
Economics is trying to violate nature laws, it cannot do that so the current system will fail. A new sustainable economic system will emerge.