i know i’m being a but i despise the term ‘taxpayer funds’/‘taxpayer money’. besides being completely wrong in nearly all cases, it places taxes above the people, above labor.

‘American taxpayer is paying for the genocide in Gaza’. No, every person/entity using U.S. Dollars is paying for it. Even foreign countries are indirectly paying for it.

if you want the mainstream perspective look up ‘quantity theory of money’. from that it follows, less spending means less money and less inflation. so, spending rules reduce inflation by constraining the Government (but not commercial bank lending).

it can be true (sometimes), if you leave the economy with massive unemployment due to insufficient spending so that people don’t have money, it slows down and eventually shrinks but hey atleast there is ze price stabilité.

if you want non-mainstream macroecon books, these two ones I have read and can recommend. 1 2

🦙Nooo

Nearly drowned once falling into a lake and not knowing how to swim. I didn’t think about death, it was more “how do I get out”. Luckily someone else got my hand.

Its an ancient argument and your answer is correct.

There is no cock check at restroom doors anyone can enter.

I hate ycombinator but here:

https://news.ycombinator.com/item?id=36873927

You could put it behind an elitist wall. How do you get in? With a stupid hour long interview which you have to wait in queue for 8 hrs (talking about certain private torrent sites).

But really, I don’t care. LLMs can’t replace real online forums.

History started on February 2022 for Russia and Ukraine and October 7th for Israel and Palestine.

Hey, humans put those tags on sheep. Republicans do it to themselves.

i hate all tech corps. you can use (and even like) their products and also think they are evil, oligopolies and all.

i cant abandon my gmail because i don’t even know how many sites and how many people i have given it to. i like youtube because it’s THE slop factory. Maps is also pretty good, love Street View, Chrome is ‘ok’ but Firefox is a perfectly usable (and in many ways, better) substitute (especially given Google’s ad shenanigans).

gooners

deleted by creator

“Firefox is just another US-corporate product with an ‘open source’ sticker on it.”

unlike EU-corporate products

its ‘decentralized’ copium

Yea and why cryptocurrency isn’t money with its exchange rate being determined by how much fiat currencies are entering and exiting.

OK, two cryptocurrencies as legal tender. My point still stands. If you give people a choice between crypto and fiat they will use fiat, even if it’s a foreign currency like the Dollar in El Salvador.

The solution for El Salvador or any other country using a foreign currency isn’t to go with another foreign “currency” like Bitcoin but building their own currency.

El Salvador had their own currency until they gave it up because their leader back then was a US Puppet.

Sole legal tender.

Edit: I dare them to pay all Government employees in Bitcoin, demand taxes be paid in Bitcoin. It would be a funny experiment if it weren’t for mass unemployment and deaths that arise out of a recession.

It would be funny trade wise too. No other country is going to accept Bitcoin as payment for real goods and services. So, the country will have to convert Bitcoin to USD at market price (which can swing wildly) and also hope the market has enough liquidity to handle it.

money has to be backed by the state so if bitcoiners really want bitcoin to be used in everyday transactions, i would suggest running for President and replacing U.S. Dollar with Bitcoin for tax payments/legal tender.

how will the state obtain Bitcoins? by building massive resource wasting mining farms which itll have to issue bitcoin bonds to build, making the state subservient to the private bond markets and interest rate it demands, Greek style.

there is massive plague and the economy has collapsed? what will the state do? cant give people money or increase healthcare spending because the capacity of the state to mobilize resources is now limited by what the private sector is willing to give it or how much it can mine. oops mass death.

bitcoiners have to be dumbest creatures alive. these people can’t imagine a pro-Worker Government so they have to come up with convoluted ways to tie the hands of the state so it cant give capitalists free money.

https://adnauseam.io