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

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 1 year 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 1 year 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 1 year ago

Ad hominem, why am I not surprised?

[–] [email protected] 1 points 1 year ago* (last edited 1 year 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.