Skip to content

Ceteris Paribus

Probability, entropy, life, stultography, the absurd

Tag: bonds

absurdism, Truth

Money as a construct

April 17, 2020April 17, 2020 railwayst

  1. Money doesn't actually exist 2. Government issue bonds for sale base on a promise to buy these back at a given amount on a given date. 3. Government gets money for bonds and spends it to create revenue 4. The promise to pay is then called government debt 5. Governments can issue more… Continue reading Money as a construct

Tagged bonds, Capital, infinity, money, tech, thelastpostLeave a comment
Blog at WordPress.com.
  • Follow Following
    • Ceteris Paribus
    • Join 39 other followers
    • Already have a WordPress.com account? Log in now.
    • Ceteris Paribus
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar