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Worik (worik@mastodon.social)'s status on Monday, 08-Jan-2024 04:31:45 JST

  1. Embed this notice
    Worik (worik@mastodon.social)'s status on Monday, 08-Jan-2024 04:31:45 JST Worik Worik
    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 conversation Monday, 08-Jan-2024 04:31:45 JST from gnusocial.jp permalink

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