The Continuous Growth Myth

I see a common myth cited. "The US economy is dependent on continuous economic growth in order to survive."

That is entirely false. A more accurate statement is "The US economy is dependent on continuous money supply expansion in order to survive, due to the Compound Interest Paradox."

If you adjust for inflation correctly, then the US economy is shrinking at an alarming rate.

The CPI is less than the true inflation rate. This means that money supply inflation is misreported as economic growth.

The parasite class steals an ever increasing percentage of the economy. This means that the rest of the economy must continually increase their productivity just to stay in place.

The Federal Reserve says "excessive economic growth causes inflation". That is false. They are misreading excessive inflation as economic growth. True economic growth is deflationary, because the same money supply is chasing more goods and services.

Similarly, in a recession, the money supply is shrinking *AND* the economy is shrinking.

When money supply inflation is misreported as economic growth, it is impossible for pro-State troll economists to make valid calculations and planning. A real free market always allocates resources more efficiently that a Communist economy like the USA.