feld on Nostr: npub1lse4p…c5d80 > Fiat money is an instrument of state power yeah and that's a bad ...
npub1lse4pfx8qmlw529cl8xq4xdz2n80yjla3a6k5yvvva78udm05uvsyc5d80 (npub1lse…5d80)
> Fiat money is an instrument of state power
yeah and that's a bad thing, a very very bad thing.
Today's problems are directly related to QE. You can't even have "uber but for slavery" unless QE exists. All the things we hate today only exist because QE made it possible for people to access a nearly infinite amount of cheap capital to fund their disruptive ventures in the hopes that someday they'll profit when the competition is eliminated
> Fiat money is an instrument of state power
yeah and that's a bad thing, a very very bad thing.
Today's problems are directly related to QE. You can't even have "uber but for slavery" unless QE exists. All the things we hate today only exist because QE made it possible for people to access a nearly infinite amount of cheap capital to fund their disruptive ventures in the hopes that someday they'll profit when the competition is eliminated