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Is There a Debt Base, or Credit Base?
i would t say debt base money itself is kind of an oxy moron. So i think that in our daily lives, like the the yat, is like a thing that was created because originally gold sucked as something for us to use on a day to day basis. And it was way easier for us to exchange promises to pay gold um. I mean, to know what we've become on that level, as well as this insane financialization of the world. Inflation is not neutral. There's a couple other really interesting, kind of left wing academics whose work i admire, a a bickler, and nitson to two political economists out of israel. They are