alt Hacker NewsThe problem with socialism, is eventually, one runs out of other people's money.
For an example of what unlimited borrowing and money printing results in, look up Germany in 1921--1923
Replies
smallmancontrov • last Monday at 1:59 AM
We're 45 years into the trickle-down experiment and we can now tell if what trickled down was gold or piss.
(It was piss.)
harimau777 • last Monday at 1:41 AM
Sure, but then we at least don't have the ultra wealthy coming up with ways to make everyone elses lives worse.
If we took Elon Musk's money away and simply burnt it, that would still be a net win for society as a whole.
I’m pretty sure the poster you’re replying to is hinting at MMT and for your own statement,
Money is a nations currency. It’s actually the people of that nations property and you only get a lease on it.
If you disagree then try to do something like ceding the land that you “own” to another nations and see how that goes