pull down to refresh
0 sats \ 0 replies \ @TomK 20 Feb 2023 \ on: Fixing The Incentives: Fiat Money Fuels Broken Corporations bitcoin
To study political economics of Fiat take the Eurozone complex as an example of our days. The base layer is an ideological (climatescam narrative-driven socialism and control state) that implements a currency pump (Eurosystem) to manipulate by bond buying or subsidies the price of money. The goal is the re-allocation of scarce resources (aka: energy) at the cost of the society into prefered sectors. On a large scale productivity suffers as this system crowds out productive capital to benefit nonsense.