A zero-sum monetary system, interest rates, and implications

Preprint English OPEN
Hanley, Brian P.;
  • Subject: Computer Science - Computational Engineering, Finance, and Science | J.4.1

To the knowledge of the author, this is the first time it has been shown that interest rates that are extremely high by modern standards (100% and higher) are necessary within a zero-sum monetary system, and not just driven by greed. Extreme interest rates that appeared... View more
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