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0 pointsMadnessASAP1y ago0 comments

Pointing to a national debt without context does not make a point, much less prove the system is breaking.

Global inflation has very little to do with any one governments choice in economic policy. However it should be said that the current state of inflation would make the problems caused by the widespread adoption of a inflation "proof" currency significantly worse.

Tax rates and distribution are an incredibly subjective and political issue. Given any tax policy there will always be a healthy split of experts and laypersons who think it is woefully low and those who think it is grossly high.

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psychlops1y ago

> Pointing to a national debt without context does not make a point, much less prove the system is breaking.

Belief in magic is why the system will peacefully continue until it breaks. While it dollar enjoys the status of the least ugly girl in the room, it too will eventually follow the same pattern of all fiat.

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psychlops1y ago

> Pointing to a national debt without context does not make a point, much less prove the system is breaking.

j / k navigate · click thread line to collapse