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

submitted 9 months ago by [email protected] to c/[email protected]

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[-] [email protected] 0 points 9 months ago

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 9 months ago

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

[-] [email protected] -1 points 9 months ago

Ad hominem, why am I not surprised?

[-] [email protected] 1 points 9 months ago* (last edited 9 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.

this post was submitted on 25 Dec 2023

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