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New Theories / Re: Universal Utopia? What's The Universal Terminal Goal?
« on: Yesterday at 17:45:33 »IMO the most accurate model for fiat money is as share of stake or ownership of the entity publishing it. Printing more money means diluting the share of existing owners and concentrating the value of the money to those who control the entity.What's the similarities and differences between morality and economics
?U.S. Gov. Can?t Go Bankrupt - We Print Our Own Money!? Says Biden?s AdvisorQuoteBiden economic adviser Jared Bernstein delivers a word salad on how the Fed works.It's dangerous to let misinformed people affect decisions that would have significant impacts on larger society.