DrFell (Disgruntled Citizen)✅️ on Nostr: nprofile1q…p63m6 smug djsumdog nprofile1q…z07am Shocker , since the ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqey8w7d7gelz6f59ujztn73yy72sl4d6lmlyktslrlhmglp94xp0s9p63m6 (nprofile…63m6) smug (nprofile…8ayu) djsumdog (nprofile…l0gg) nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqdgqc52h68p7m2uar5yxmc2gp67rcjmlwm6yjr4xt3m4jg4k4rmdstz07am (nprofile…07am)
Shocker , since the implementation of the Federal Reserve (and its fractional dellusion) and removed from gold standard in 1971...
In 1997 the US $ was worth .56 cents. Today it is worth .027 cents rounded up to .03 cents.
Modern Money Theory (MMT) Printing cannot solve this problem. Even if they printed money to pay down the debt, It's a circle of more debt, and the value of the $ could reach neg -.00 cents. They think they can change to CBDC to fix it.
Shocker , since the implementation of the Federal Reserve (and its fractional dellusion) and removed from gold standard in 1971...
In 1997 the US $ was worth .56 cents. Today it is worth .027 cents rounded up to .03 cents.
Modern Money Theory (MMT) Printing cannot solve this problem. Even if they printed money to pay down the debt, It's a circle of more debt, and the value of the $ could reach neg -.00 cents. They think they can change to CBDC to fix it.