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Under Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubled (www.nytimes.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 10 months ago (2 children)

There wouldn’t be any money for taxpayers to pay if the government hadn’t first printed it and spent it

Money naturally emerges in all civilizations, you don't need a government to centrally manage it. You lack basic economic understanding.

[–] [email protected] 2 points 10 months ago (1 children)

Oh I see, you’re a bitcoin stan. Tell me more about your galaxy-brained understanding of economics 😂

[–] [email protected] -1 points 10 months ago

Ad hominem, why am I not surprised?

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

From David Greaber’s and Michael Hudson’s work, I think I have a better understanding than most.

Whether or not you need a government to manage money is neither here nor there. The specific monies that the US & Argentina specifically have are sovereign fiat monies, which are controlled by their governments.