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by lowkey 1152 days ago
> Inflation is irrelevant. I've studied economics ... it's hogwash.

I call the above statement hogwash. Let’s take your proposal to the logical extreme. If inflation is hogwash, then why do we have to tax the citizens? Why not just print the money we need to run the government? Why do we have a national debt if we could just print the money we need to pay it off? We could try your proposal by I don’t think it would end well.
1 comments
myshpa 1152 days ago
Inability to imagine alternative ways of managing things is all too common, and too complex topic to be addressed in a single comment.

Instead I'll recommend works of David Graeber [0], mainly his treatise Debt and The Dawn. [1][2] I'll throw in his Bullshit Jobs, just because. [3]

[0] https://en.wikipedia.org/wiki/David_Graeber

[1] https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years

[2] https://en.wikipedia.org/wiki/The_Dawn_of_Everything:_A_New_...

[3] https://en.wikipedia.org/wiki/Bullshit_Jobs

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