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this post was submitted on 13 Jul 2025
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Memes
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Memes! A way of describing cultural information being shared. An element of a culture or system of behavior that may be considered to be passed from one individual to another by nongenetic means, especially imitation.
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Future generations.
The best we could all do would be pooling money together to pay off debt.
Every time a debt was closed, that amount of money would just vanish of the economy.
That is the basics of fiat currency. We base our global economy on implicit trust, which is good, but the bad agents in the system are quick to corrupt it and here we are.
Read imperialism: The highest stage of capitalism
Sounds like a fun reading
It's about as interesting as you'll get reading about the history of international finance and domestic monetary policy
I wasn't being sarcastic to any degree. It does sound like an interesting book.
Right on, check it out!