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    Cory Doctorow (pluralistic@mamot.fr)'s status on Thursday, 29-May-2025 03:37:22 JSTCory DoctorowCory Doctorow
    in reply to

    Gresham observed that anyone who was passed a bad coin would try to spend it as soon as possible, and if they managed to do so, the sucker who received the bad coin would then hasten to get rid of it. Eventually, everyone is preferentially spending counterfeit money and hoarding their legitimate coins.

    In Trump's scam-friendly America, honest businesses operate at a disadvantage.

    27/

    In conversationabout 5 days ago from mamot.frpermalink

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