𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

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🐦‍⬛𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) (npub12zh…d2v3)
🏳️‍🌈☥: (they/them)

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Last Notes

2026-09-05 01:04:19 UTC

- reply

and the "whole new arsenal the rich could use against labour and the people" essentialy boil down to money printing 😁
...all the other arsenal are just sexond order effects from that which change over time based on what works and vibes...but the reason billiinaire class exists is NOT because they earn all the revenue, but because they print the money via VCs and myriads of other financial instrument architecture labels 🤷‍♀️ and then
... 🏠🤑⬆️

2026-09-05 01:00:38 UTC

- reply

HERE he says it after telling what was good.
He says: "But then, in the 1970s, ....."
Its August 15th 1971 - the the only shock it needed, but otherwise accurate observation.
https://youtu.be/_z27ArNDzLA?t=794&si=HUaK_ft1UDsnqTiO

2026-03-24 04:11:29 UTC

- reply

just to make it clear:
different currency types are better/worse money based on inherent properties/rules that govern them.
BUT in fiat money, positive balance denominated in (e.g. USD, EUR, GDP, YEN, ...), are NOT created via buying/selling of goods or services, but by banks when others take out loans.
Loans mint new money.
debit: The money is the banks debt.
credit: The debtor ows the bank equally
They cancel each other out.
Paying back loans burn money.