I see, so they found how to grow money by extracting rents from vibrant ecosystems that finally reached critical mass enshittifying them. And that’s why we can’

I see, so they found how to grow money by extracting rents from vibrant ecosystems that finally reached critical mass enshittifying them. And that’s why we can’t have nice things under corporate shareholder capitalism. Sounds like when ancaps complain about taxes, except it is inside private corporations who are accountable not just to customers and vendors in their marketplace but ultimately to shareholders and management teams that give huge bonuses to their CEOs. No thanks I think I prefer autonomous decentralized networks to replace that. Because the shareholders don’t even live there and dont care if the water is polluted (sometimes they even pay off politicians like in Flynt). OK so you claim these pension funds help pensioners around the country, at the expense of enshittifying things or buying up 25% of real estate or farmland in USA. Monsanto and John Deere IP for farmers enforced by government. Extreme centralization through corporations like BlackRock and State Street, fomenting wars in Ukraine to buy up cheap land there … but I hear socialism is bad. OK. As far as hyperinflation… they have to tax the money back to remove it from circulation. The current overton window in USA on taxation is so far from that, we’re on our way to massive money printing HERE. The Congress didnt have the guts to raise taxes (fiscal policy) after hugely expansionary monetary policy, so the Fed had to exceed their mandate and raise interest rates to fill the gap. Neither Dems or Republicans have the guts to reduce the deficits long enough to reduce the debt. Cutting taxes only increases the problem of hyperinflation. If cities had their own currencies they’d have their own fiscal policies too, as well as monetary. Compare how the PIIGS countries fared after they lost their currencies and joined the Euro. For every Zimbabwe and Venezuela hyperinflation there’s multiple countries running out of money and fuel (eg Sri Lanka, Haiti) undergoing austerity or under the thumb of IMF, World Bank being told what to plant etc. Their only hope is to maybe have China hold their leash for a while instead of USA. This isn’t sovereignty. Whether it’s Libya or Saudis or Ukraine or any number of countries. At least China invests in their infrastructure and tries to make peace deals. USA just does that whole economic hitman thing. Nah. I dont want my pension to be funded by oppressing others.