Technically speaking the function of fiat currency is to prevent the financial s

Technically speaking the function of fiat currency is to prevent the financial sector from seeking interest as rents, with profits obtained by non-contribution to production.

Worse it’s not clear that once we have fiat currency and borrow from our own collective future rather…


Source date (UTC): 2023-07-06 19:48:18 UTC

Original post: https://twitter.com/i/web/status/1677041802472292352

Replying to: https://twitter.com/i/web/status/1677039168856420352

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