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karashta

karashta@kbin.melroy.org
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The federal government creates the money either through direct spending by Congress or back stopping money creation by private banks via the reserve system. Money is then destroyed through taxation.

The “debt” is literally the count of untaxed dollars in circulation.

Treasury securities are simply money that they pay interest on.

They create the money. How can they ever run out of money???

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“The law of the jungle”.

So they must mean the one where we work cooperatively together to survive, since banding together has been the thing that kept us alive the most?

Or do they mean the “law” where we band together and purposefully exterminate entities like them which threaten our survival?

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The pandemic showed that a huge percentage of our work is literately bullshit used to keep us grinding away and not actually living life. And to keep us from dealing with the huge and glaring problems in our society.

The Puritan idea that we must slave away in order to be worthy is a lie.

One of the greatest economists, Keynes, expected us to be working 15-20 hours a week at this point because of productivity increases.

But instead of sharing in the blessing of productivity, we were forced to do an increasing amount of meaningless work and spend less time actually living, all while being shackled with debt rather than even increasing our pay.

A pretty garbage system if you ask me.

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I love cereal but that shit has zero staying power. It is noting remotely like a full meal.

There are way better things if I want some brinner

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Just so you know, that brown thing is called a cornucopia! Literally “horn of abundance” in Latin.

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It’s almost like making the line go up at all costs at an ever increasing rate isn’t the best way to run a company

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The needs of the many outweigh the needs of the few.

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Maybe they should pull their houses out of this predicament by their boot straps

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So you’re cutting the butter with the spoon, too, I assume? Do you not refrigerate your butter?

Not being critical. Legit curious

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