4 ms·
I sure hope we don't end up in the same place where the monetary system is only being held up by the fact that there is more debt than money creating an endless
by desumeku 2y ago
I sure hope we don't end up in the same place where the monetary system is only being held up by the fact that there is more debt than money creating an endless competition for the limited quantity of money that exists in order to pay off ever-increasing debts and expenses with a currency that is continually debased throughout the process.
- DrillShopper 2y agoWe're already there. That's called "going to the moon". That's the end state. Get in, ride the rise, and then sell out and tell others to "buy the dip".
- pclmulqdq 2y agoWe crossed that point years ago. It's the stablecoins that hold all the debt and use it to back their "dollars."