Keith Evans
Apr 27, 2023

You have simply stated that economics is actually about resources, not money, which I agree with. However, you then use calculations that assume money is finite and a product of the "economy". This negates the fiduciary responsibility of governments to create whatever quantity of money needed to serve its public purpose.

A nation that doesn't even understand its own currency and how it is created is ripe for such scams as the IMF, which is only a tool for American/British imperialism. By insisting that a country's resources be purchased with the currency of that country anything that can be resourced can be "afforded" by the sovereign currency issuer.

Keith Evans
Keith Evans

Written by Keith Evans

Meandering to a different drummer.

No responses yet