Forwarded from Lauritz Channel For Iranian Missile go brrrrrrr
Money is a stand in for goods and services, but it isnt a direct replacement, since its actually paper+linen (and more recently literally just nunbers on a screen).
As a result of an overfinancialized economy and printing the world fiat currency, america has placeboed itself into a situation where it has more money than ever, and it is exchangeable for goods from other nations (because dollar), but it doesnt in any way represent the output of goods and services from the actual nation.
As a result of an overfinancialized economy and printing the world fiat currency, america has placeboed itself into a situation where it has more money than ever, and it is exchangeable for goods from other nations (because dollar), but it doesnt in any way represent the output of goods and services from the actual nation.
ð12ðĪŠ5ðĐ2ðĪĄ1ð1
Forwarded from Lauritz Channel For Iranian Missile go brrrrrrr
This represents a huge problem for the government when it wants to actually make something domestically and at scale. Suddenly you find that building a new production line of basic shit like artillery shells costs ten times what other nations pay for it because america is so deindustrialized, and expectations of pay are so high.
ð8ðĪŠ4ðĐ1ðĪĄ1ð1
Forwarded from Lauritz Channel For Iranian Missile go brrrrrrr
Conversely, other nations have to measure their currency against the dollar and are at a massive disadvantage because it's the world fiat. To acquire globally accepted currency they therefore have to / accept a much lower rate of return on their own goods in the foreign markets.
ð6ðĪŠ4ðĐ1ðĪĄ1ð1
Forwarded from Lauritz Channel For Iranian Missile go brrrrrrr
Add in the fact that energy is getting more expensive, much of the worlds labour force is moving onto digital products as if thats a substitute for food or shelter or what have you, and you've got yourself a problem
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Forwarded from Man-in-the-Moon Marigolds
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Forwarded from Aesthetics and shitposts (FloridaManDixie_83)
Based Columbians
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Forwarded from ððŪðĐðĐððŦ ððð§ð ðķ (ðŪðđ Extreme Ultimate Sfaccimm ðŧðĶ)
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Forwarded from Phad's Channel
Lauren Southern is still annoying in 2026 btw
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