zephyreks@lemmy.mlM to World News@lemmy.ml · 11 months agoUnder Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubledwww.nytimes.comexternal-linkmessage-square204fedilinkarrow-up1605arrow-down129
arrow-up1576arrow-down1external-linkUnder Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubledwww.nytimes.comzephyreks@lemmy.mlM to World News@lemmy.ml · 11 months agomessage-square204fedilink
minus-squareSwingingKoala@discuss.tchncs.delinkfedilinkarrow-up3arrow-down3·11 months ago There wouldn’t be any money for taxpayers to pay if the government hadn’t first printed it and spent it Money naturally emerges in all civilizations, you don’t need a government to centrally manage it. You lack basic economic understanding.
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up4arrow-down2·11 months agoOh I see, you’re a bitcoin stan. Tell me more about your galaxy-brained understanding of economics 😂
minus-squareSwingingKoala@discuss.tchncs.delinkfedilinkarrow-up2arrow-down3·11 months agoAd hominem, why am I not surprised?
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up2arrow-down1·edit-211 months agoFrom David Greaber’s and Michael Hudson’s work, I think I have a better understanding than most. Whether or not you need a government to manage money is neither here nor there. The specific monies that the US & Argentina specifically have are sovereign fiat monies, which are controlled by their governments.
Money naturally emerges in all civilizations, you don’t need a government to centrally manage it. You lack basic economic understanding.
Oh I see, you’re a bitcoin stan. Tell me more about your galaxy-brained understanding of economics 😂
Ad hominem, why am I not surprised?
From David Greaber’s and Michael Hudson’s work, I think I have a better understanding than most.
Whether or not you need a government to manage money is neither here nor there. The specific monies that the US & Argentina specifically have are sovereign fiat monies, which are controlled by their governments.