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Now that you went through the Module "The Price of Progress" you will have to test your newly acquirred knowledge to make sure that you have understood the last sections. We'll start with several Open-Ended Questions and then a small quizz.
- Consider the emergence of Bitcoin and stablecoins as alternative systems to traditional fiat currency. What do you feel are some of the potential advantages and disadvantages, and how might they contribute to a more equitable economic future?
- What information can you gather from the debt-to-GDP ratio of the United States? What is the debt to GDP of your own country?
- How does suppressing interest rates impact the overall debt burden?
- How does the current monetary system exacerbate wealth inequality?
- In light of the information provided about debt and inflation, what is your opinion on the sustainability of the current monetary system? Do you think our current system is beneficial or detrimental in the long run?