3 ms·
Yes, and? Tracking debt in nation state currency is spoken tradition, not immutable law of science. Carrying forward spoken tradition about debts of the past
by yehAnd 4y ago
Yes, and?
Tracking debt in nation state currency is spoken tradition, not immutable law of science.
Carrying forward spoken tradition about debts of the past is not an obligation of us or the future.
Just because some apes wrote an IOU down doesn’t bind my sensibilities and agency to serving that IOU. If I’m not mistaken outside parties are not beholden to contracts they did not sign in our legal system. So no law of physics and no law of man obliges me to care about the burden others agree to carry.
Go ahead and come collect, China. We’ll just nuke each other into the Stone Age. The real gap is a thing; we can close ports and make ephemeral debts a non-issue really fast.
Headlines like this are to remind people who believe in such things to not forget some debt they don’t owe serving.