I just stumbled on a thread from a few weeks ago where people were challenging CM's exponential growth claim. Since the thread is old, I started a new thread to revisit that issue and help answer the question that so many people have, i.e. "economists have proven debt does NOT need to increase, so where does exponential growth come from?"
This brings up 2 key issues: 1) does this mean debt-based money isn't an exponential engine? and 2) what really causes exponential DEBT growth?