doomer

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So I don’t often hear leftists talk about the fact that money no longer really exists (hexbear.net)

submitted 4 months ago* (last edited 4 months ago) by [email protected] to c/[email protected]

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Or they do but I feel like the gravity of the statement alone never really registers

Was recently reading a book written a long ass time ago by some Brit where he talked about how a lot of the value in currency (coins and paper of the time) came from the fact that they were all tangible

And now wealth/money is completely digital. Of course the fed still prints shit, but with the amount of people who use Apple Pay/venmo to exchange “money” from person to person?

Actually, does anyone know what I’m trying to say rn? Is money just a Trojan horse?

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[–] [email protected] 11 points 4 months ago

I don't see your point. How is digital money more fake than coins and paper money? It's a thing with a number on it. A social construct.

Also, as someone else pointed out already, read Debt by David Graeber. Ir listen to Everyday Anarchism 's podcast series on that book