TPBPod on Nostr: Gm 👋 Who’s seen #Oppeneheimer? It’s got me thinking about our world, and war. ...
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Who’s seen #Oppeneheimer? It’s got me thinking about our world, and war. Funding war back then was a very different story—much of it funded via war bonds bought and paid for by citizens and banks purchasing treasuries. Today, war is funded by money printing and increasing debt with not intent for repayment. With little to no citizen involvement (other than who we elect, which they almost always flop on comparing promises regarding funding, war, etc), decisions on war, battles, and defense budgets are decided effortlessly without real upfront payment from citizens…it’s felt downstream via inflation and the erosion of the US economy to forever be dealt with at a later date due to our 4-year political cycles.
Learning about #bitcoin helps one to understand money, our economy, and how our government works and pays for things
Progressives should realize if the government can print money to pay for social programs, they can and will print money to fund forever wars.
You can’t have the former but not the latter. This is our new norm. But with bitcoin, there’s an opportunity to address this and put pressure on this way of thinking.
Who’s seen #Oppeneheimer? It’s got me thinking about our world, and war. Funding war back then was a very different story—much of it funded via war bonds bought and paid for by citizens and banks purchasing treasuries. Today, war is funded by money printing and increasing debt with not intent for repayment. With little to no citizen involvement (other than who we elect, which they almost always flop on comparing promises regarding funding, war, etc), decisions on war, battles, and defense budgets are decided effortlessly without real upfront payment from citizens…it’s felt downstream via inflation and the erosion of the US economy to forever be dealt with at a later date due to our 4-year political cycles.
Learning about #bitcoin helps one to understand money, our economy, and how our government works and pays for things
Progressives should realize if the government can print money to pay for social programs, they can and will print money to fund forever wars.
You can’t have the former but not the latter. This is our new norm. But with bitcoin, there’s an opportunity to address this and put pressure on this way of thinking.