this post was submitted on 17 Nov 2023
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A Boring Dystopia
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The fungibility isn't what's at issue. The link between the money stream and the military is a system that can't be understood separately. Thinking of it as taxpayer funded doesn't make sense.
I encourage you to read the book. It really changed my perspective on what value even is and what it means. I don't think you'll think this after reading it.
if you raise a billion dollars from taxpayers, and then raise a billion dollars from foreign debt, and you have a problem that you need to spend a billion dollars to fix, any dollar from either pile can go towards fixing that problem
this is like when red bull broke their spending cap in F1 and their response was to say that the overspend was from catering
i can't read