8 hours ago
so there is also the narrative that government spending is like household spending, and government debt is like household debt.
it's not. they're conflated. that conflation is a control mechanism.
governments invent money.
or the thing that invents governments also invents money.
it's pretend.
case in point: defense spending.
making government more dollar-efficient ain't gonna do jack squat.
it's not. they're conflated. that conflation is a control mechanism.
governments invent money.
or the thing that invents governments also invents money.
it's pretend.
case in point: defense spending.
making government more dollar-efficient ain't gonna do jack squat.
