Replying to a post on pkteerium.xyz
Debt-based currency is the cat and it is definitely out of the bag. Therefore the only decision is, cui bono?
Replying to @s2208@nicecrew.digital
The answer is to just intentionally accept a slightly dumber economy and establish that hard money is the rule.
That's what emperor Constantin did saving eastern Rome - he ceased debasement of the solidus.
There's a bunch of ways to do this, it's just about having the political will to draw a line in the sand and decree that beyond this line is the devil and nobody must ever cross it again (they will but it should buy a few centuries...)
That's what emperor Constantin did saving eastern Rome - he ceased debasement of the solidus.
There's a bunch of ways to do this, it's just about having the political will to draw a line in the sand and decree that beyond this line is the devil and nobody must ever cross it again (they will but it should buy a few centuries...)
Replying to @cjd@pkteerium.xyz
You accept it.
I accept it.
A psychopath will laugh at us and institute fiat currency again and buy his way to power.
I accept it.
A psychopath will laugh at us and institute fiat currency again and buy his way to power.
Replying to @NoDoxGregBrady@poa.st
Yeaaah, libertarianism is useful more as a goal "I want to feel like I have freedom" than as a way to actually run anything.
Replying to @cjd@pkteerium.xyz
@cjd @s2208 @NoDoxGregBrady loltardism is the lowest energy state, the equilibrium, the omega point. but that won't help you while you're living in a local minimum where they tax you to heck and indoctrinate your children.