he's like the 44th
I thought currency has value in large part from state collecting tax in that currency. is what you're saying distinct from MMT? if you can point to some sources on the topic I'd appreciate it.
particularly this part if you can explain further:
All that matters is can the issuing agency back up the creditors issuing the debts, or is the issuer too large to be effectively challenged by creditors.
what does "back up the creditors" mean?
I know what you're saying, and mostly agree, but fiat being "based on confidence" sounds like the crypto bro ancap argument. the only "confidence" fiat is based on is the confidence that the issuing government will put you in jail if you don't have enough of it.
new? smdh everything's a remake
isra-hell and the logo is just the state outline of new jersey
these people are choosing to believe in nonsense, they're proud of it. the more myths you believe, the more of a patriot you are.
they mean the long way, in a longitudinal band around the planet earth.
what parts of your political discussions feel like that? and why? if you don't mind me asking.
if we try our absolute hardest to just "do scandinavia" we will only get one step forward three steps back. you can count on reactionary capitalist claw back of any progress, the only long term solution is to defeat the capitalist class and remove their dictatorship. not beg them to give us tiny scraps from their extravagant buffet.
SkolShakedown
joined 4 years ago
nobody's willing to work anymore, the just want to take handouts