Master of Navel Gazing on Nostr: nprofile1q…xnrw9 and "rehypothecation" is the word that's been thrown about on how ...

nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqzdpkddh2skz829df2x239pcl2wtwa3urnpcs6cwlfyrrjr7we00suxnrw9 (nprofile…nrw9) and "rehypothecation" is the word that's been thrown about on how to deal with the USA public debt. Rehypothecation means the value of 36 Trillion needs to be "re-imagined or re-valued". It occurred to me that is what happens when the local government declares the value of my property. No one knows the real value until a transaction occurs. It's just hypothetical until then. Yet they still levy taxes on this imaginary number.