[mattduke]

A good and entertaining writeup here.

http://www.dailykos.com/story/2010/3/1/8929/21462

[ralfy]

What's hardly stated is that most of the money supply is created by commercial banks, with unregulated derivatives being the largest component. In addition, more capital (which means more money) will be needed to finance increasing production and consumption of goods to ensure continuous economic growth, which is in essence the goal of a global capitalist system.

Eventually, a credit crunch due to increasing money supply will take place, followed by peak oil, the result of increasing production and consumption of goods.