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Richard Stallman's Political Notes

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Old monetary policy vs new realities

mardi 9 mai 2023 à 09:16

*Central banks raising interest rates makes it harder to fight the climate crisis.*

Beyond the short term, high interest rates cannot produce stability, because instability is an inherent result of the developing climate crisis. To have less future instability, we need to decarbonize faster.

*To Solve the Climate Crisis, It's Time to Talk About Canceling Debt.*