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Hmm, lots to dig into here. The expectation that government provides certain services... The nature of fiat currencies and what actually makes the USD worth a
by tway_GdBRwW 2y ago
Hmm, lots to dig into here.
The expectation that government provides certain services...
The nature of fiat currencies and what actually makes the USD worth anything or even usable as a medium of exchange...
Basic economics. Government spending == business revenue; the money doesn't just vanish.
- paulddraper 2y ago> the money doesn't just vanish Of course not. Laughs in government contractor
- Shocka1 2y agoLOL. Between how much Matt Stoller has made it to the top page of HN over the years and the waste I've seen anecdotally this made me chuckle.
- Aerroon 2y agoThe money might not vanish, but you're still working Monday through Wednesday for the government in France. It's as though the government was partly the business owner. The question this raises is whether the benefit for society in the long-term is actually worth it. The larger the share the government takes the less motivated people will be to make things better themselves.