You’re still mistaking a state with monetary sovereignty for a business. It’s nothing like a business or a household or even a province or municipality. Money works completely differently at this level. Previously:
But you understand that everything you linked are examples of why a govt can’t actually print infinitely and can’t just pay interest to rich people…right?
Also it’s a red flag to me that all of your sources are youtube videos.
You’re still mistaking a state with monetary sovereignty for a business. It’s nothing like a business or a household or even a province or municipality. Money works completely differently at this level. Previously:
But you understand that everything you linked are examples of why a govt can’t actually print infinitely and can’t just pay interest to rich people…right?
Also it’s a red flag to me that all of your sources are youtube videos.
We already agreed on why governments don’t print infinite money.
We know it can because we know it does. The wealthy buy US Treasuries for risk-free returns on investment.
The reason I link to YouTube videos is because most people don’t read. They’re not going to read Karl Marx or Michael Hudson.