@Outsideness @NRxNorth @AnarchoPapist I'm familiar with modern monetary theory...
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Replying to @HbdNrx
@HbdNrx @NRxNorth@AnarchoPapist Moldbug Monetary Theory is far more interesting.1 reply 0 retweets 1 like -
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Replying to @crab_aesthetics
@NRxNorth
@HbdNrx@AnarchoPapist http://unqualified-reservations.blogspot.hk/2011/04/on-monetary-restandardization.html …1 reply 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @NRxNorth@AnarchoPapist reading this now...more convinced by modern monetary theory so far.1 reply 0 retweets 0 likes -
Replying to @HbdNrx
@HbdNrx @NRxNorth@AnarchoPapist Anyway, at least you now get why the "it's pure speculation" objection sounds ridiculous.1 reply 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @NRxNorth@AnarchoPapist I don't necessarily agree with him on that point. The dollar's value doesn't really come from speculat1 reply 0 retweets 0 likes -
Replying to @HbdNrx
@HbdNrx @NRxNorth@AnarchoPapist It's (conservative) speculation upon the credibility and competence of the state.3 replies 0 retweets 0 likes -
Replying to @Outsideness
@Outsideness @NRxNorth@AnarchoPapist taxes give it immediate use value, backed by force. Not much speculation about the future required1 reply 0 retweets 0 likes -
Replying to @HbdNrx
@HbdNrx @NRxNorth@AnarchoPapist There's plenty. The indefinite postponement of hyperinflationary currency destruction, at the horizon.3 replies 0 retweets 0 likes
@HbdNrx @NRxNorth @AnarchoPapist Holding the dollar is a bet that the US will continue to do at least kinda sorta OK.
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