BastiatsPump on Nostr: Hey LynAlden 👋 Re: Broken Money ch.19 The long term debt cycle. Listenig to this ...
Hey LynAlden (npub1a2c…w83a) 👋
Re: Broken Money ch.19 The long term debt cycle.
Listenig to this now, thinking about what the process of private debt becoming public over time and this being a kind of a debt jubilee.
Could it also be described as a process of selling future generations into debt slavery as they will have to pay for everyting one way or another?
It's a reversal of the process of caring for one's offspring.
Re: Broken Money ch.19 The long term debt cycle.
Listenig to this now, thinking about what the process of private debt becoming public over time and this being a kind of a debt jubilee.
Could it also be described as a process of selling future generations into debt slavery as they will have to pay for everyting one way or another?
It's a reversal of the process of caring for one's offspring.