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I never hear this criticism when devaluing our currency to go to war or subsidize large business. Devaluing the currency as a form of redistribution downward s
by easyat 7y ago
I never hear this criticism when devaluing our currency to go to war or subsidize large business.
Devaluing the currency as a form of redistribution downward seems to be way more radical then devaluing it for wealth transfers to military contractors and large institutions. Why is that?
- mieseratte 7y ago> I never hear this criticism when devaluing our currency to go to war or subsidize large business. Oddly, I hear it all the time. Perhaps two wrongs don't make a right.
- easyat 7y agoIt is wrong to redistribute to those born into poverty, countries exploited for their resources, and those living around toxic industrial externalities? Maybe, from a libertarian "I got mine"/"I did this all on my own" attitude. But, damn that is a simplistic, selfish outlook