475
How to fix the economy (lemmy.world)
submitted 11 months ago by The_Picard_Maneuver@lemmy.world to c/curatedtumblr@sh.itjust.works
161 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[-] konki@lemmy.one -1 points 11 months ago* (last edited 11 months ago)

Fiat currencies are actually backed by the tax liabilities denominated in them. If you are liable for one of my business cards, else a guy with a gun shows up at your door, you suddenly have demand for my business cards.

this post was submitted on 08 Feb 2025
475 points (96.7% liked)

Curated Tumblr

6600 readers
537 users here now

For preserving the least toxic and most culturally relevant Tumblr heritage posts.

Here are some OCR tools to assist you in transcribing posts:

Don't be mean. I promise to do my best to judge that fairly.

founded 2 years ago
MODERATORS
Apytele@sh.itjust.works
ethaver@kbin.earth