Off to market to buy a loaf...pic.twitter.com/r6RIJK5hnd
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But “Modern Monetary Theory” is different this time!!!
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@Geopilot is correct. Maybe@StefanMolyneux misread? -
He just used the term bankrupt when he meant collapse.
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Its literally what history shows. That's why they needed wheelbarrows full of paper currency in Germany. They never bankrupted. They inflated.
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Yeah, that worked out well, in the end, didn't it?
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Wars always happen and are caused when national comparative wealth control is in flux. I never said massive inflation was good.
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If you can always pay your creditors and bond holders in endlessly more printed paper money that gets more worthless you never declare bankruptcy. That's what is happening with most western governments now.
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Yes. Exactly. Its why governments inflate will private groups that can't print money go bankrupt. That's the difference.
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>Paper Money >Won't bankurpt WHEEEEZE
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NA FOR DK
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Is America too big to fail ??? Hello Romans, Greeks, and Assyrians
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so it won`t "bankrupt" (though procedures and declaration), but it will still receive all the "benefits" or ruined economy and poverty... but not bankrupt! What is this argument about then?
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He doesn't need history... it's occurring right now in
#VenezuelaThanks. Twitter will use this to make your timeline better. UndoUndo
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