Re: Junior economics question II: what's this obsession with economic growth?
I have a knack for ending threads, shame to jump in so early...
Economic growth is the numeric growth of the money supply. Get it to increase every year - or else. The British Empire responded by conquering and pillaging through Free Trade deals. Canada responded by selling our assets for short term payments on the national debt, and immigration because we are feminists now (we don't have babies thank you)
but I thought inflation was a bad thing :-o
what happens if we don't grow?
\"six or seven men can plunge the nation into war, or, what is perhaps equally disastrous, commit it to entangling alliances without consulting Parliament at all.\"