this post was submitted on 25 Dec 2023

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Under Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubled (www.nytimes.com)

submitted 11 months ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml

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[–] SwingingKoala@discuss.tchncs.de 0 points 11 months ago (2 children)

There wouldn’t be any money for taxpayers to pay if the government hadn’t first printed it and spent it

Money naturally emerges in all civilizations, you don't need a government to centrally manage it. You lack basic economic understanding.

[–] davel@lemmy.ml 2 points 11 months ago (1 children)

Oh I see, you’re a bitcoin stan. Tell me more about your galaxy-brained understanding of economics 😂

[–] SwingingKoala@discuss.tchncs.de -1 points 11 months ago

Ad hominem, why am I not surprised?

[–] davel@lemmy.ml 1 points 11 months ago* (last edited 11 months ago)

From David Greaber’s and Michael Hudson’s work, I think I have a better understanding than most.

Whether or not you need a government to manage money is neither here nor there. The specific monies that the US & Argentina specifically have are sovereign fiat monies, which are controlled by their governments.