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Comment on Modern Monetary Theory: Musk Edition

dis_honestfamiliar@lemmy.sdf.org ⁨7⁩ ⁨hours⁩ ago

You know… I was going to shitpost outright infinite money theory.

The government is a sovereign country. It can print money all day long. And based on your comment, it could print print money against bonds to fund a better life for all.

I mean this is a shit post, but I’ve also added that we could feed and house the poor.

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UnderpantsWeevil@lemmy.world ⁨7⁩ ⁨hours⁩ ago

And based on your comment, it could print print money against bonds to fund a better life for all.

Yeah, but at that point why print money against bonds? Just nationalized the Make Things Nice Industry and start handing nice shit out to people.

I mean this is a shit post, but I’ve also added that we could feed and house the poor.

We do feed and house the poor. But then we harass them with bill collectors and eviction notices a few years later. Interestingly, it’s the send bit that’s more expensive.

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