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    Worik (worik@mastodon.social)'s status on Monday, 08-Jan-2024 04:31:45 JSTWorikWorik
    in reply to
    • feld
    • The Doctor
    • lcamtuf :verified: :verified: :verified:
    • Chris Adams
    • Ron Bowes

    @feld @acdha @drwho @iagox86 @lcamtuf

    > The government should *not* have absolute control over currency issuance like this. It always ends in disaster. The American founders knew this and warned about it.

    The current iteration of the USA$ has been very stable, through crashes and booms

    A central bank setting rules for credit creating independent banks turns out to work better than anything ever tried

    Who else but the state can set those rules?

    In conversationMonday, 08-Jan-2024 04:31:45 JST from gnusocial.jppermalink
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