• 1 Post
  • 36 Comments
Joined 1 year ago
cake
Cake day: June 24th, 2023

help-circle



  • Brandon Sanderson writes amazingly rich fantasy stories an created wild lore heavy worlds in his books. But his books are also behemoths with thousands upon thousands of pages that require some serious time and commitment to read. Maybe not the best for beginners to start getting into fiction.

    I’d recommend the Harry Potter books because they start easy and get more mature with each book. Also the story and lore is widely known and liked by a lot of people.


  • This is actually a pretty hard question. At first I couldn’t think of any show but the more I thought about it the more came to my mind.

    I narrowed it down to these three:

    • MAS*H
    • Hogan’s Heroes
    • Dinosaurs

    Not because I’m so old but because they where first aired in my home country in the early and mid nineties when I was at my granny’s place a lot of afternoons.

    Later I moved town, kinda lost touch to my grandma and wasn’t really there when she got very old and then died.

    Looking back it’s really sad that I wasn’t there for someone who spend a whole lot of my childhood with me and in fact was always there for me.






  • I see what you mean, but this is not about having a strangle hold on the world or being the world’s reserve currency. This is about having your own currency and collecting taxes in this currency. As long as a country collects taxes in its own currency there will be demand for that currency.


  • Okay, but even if the USA can’t change the law regarding states bonds, it is virtually impossible that people stop buying US states bonds since the US Dollar is kinda like the most established currency in the world.

    So your argument is completely theoretical.



  • Then stop selling bonds and start investing directly (build schools, repair bridges, pay your employees, etc.).

    Countries don’t have to take the detour through state bonds because they can make money out of thin air. State bonds are a self-imposed and there’s no law of nature that mandates using them.


  • They seemed to think that tax revenue in some way has to happen for spending to happen.

    Noo!

    But the federal government creates money ex nihilo.

    Yes!

    Money has to be created before it can be destroyed through taxation.

    Yes!!

    We do not rely on the money of the wealthy. What matters is actual, real resources and services we can provide.

    Yes, yes and yes!! ❤️

    Thanks for your concise explanation of MMT! I wouldn’t be able to phrase it this well. ❤️