The Ascent of Humanity

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The ascent of humanity Sorry, but Eisenstein's (the author of that book) ideas are bunk. He is just a guy on the net with opinions, which in itself is inoffensive. But they are terribly researched, economically laughable opinions, which he claims to back up with economic theories - and which therefore duly require debunking. His main thesis is that "we should make interest negative" - as though the time value of money were some sort of law by fiat! We set interest rates, yes - but that's like putting a dam on a river. Making interest negative is like making laws that water must henceforth flow uphill. He's also in cahoots with the Law of Attraction people (a slightly creepy new-age religious group), who use all sorts of pseudoscientific garbage to justify their existence. Quotes on Eisenstein's website by Bruce Lipton (among others) serio…

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