I can only be so precise in tweets. 😉
Financialism: the financialization of the economy away from production.
Fiat Money: the elimination of cash shortages and bank runs, as well as the ability to compete by borrowing against future national ‘income’.
Source date (UTC): 2020-05-14 17:04:08 UTC
Original post: https://twitter.com/i/web/status/1260979218776809473
Reply addressees: @_Indirection
Replying to: https://twitter.com/i/web/status/1260969847166550019
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