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Comments

elizabeth ekpo

i'd like some reasons why economics is and isn't a science
thanks

wolfgang

here's another way to think about problems like this: can the situation go on as it is indefinitely? i'd say no, so that would make it an unstable situation. we either run out of money or make new money to buy more goods/services, neither of which is particularly good. i also take issue with your statement that the money comes back when it flows into treasuries - the mass collection of treasuries just creates more money drains (interest) and unless the us defaults they do eventually have to be paid back.

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