The idea that we might stop spending money has many obvious complications, but one benefit is that the advance of climate change would be slowed.
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| What would happen if we all stopped spending our hard-earned coin? |
That cannot be disputed for it was during the global financial crisis in 2007/8 when spending largely evaporated that the world’s carbon dioxide emissions slowed measurably.
Wealth equates with a worsening of climate change and so we simply need to use less of everything, primarily fossil fuel-based energy, conserve, lead more retrained lives and so stop spending money.
Read the ABC piece by Jessica Haynes - “What would happen to the economy if we all stopped spending money?”

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