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
Tag: thelastpost
An unparalleled correspondence
For free; free books, who doesn't love a free book, free books abound in the digital ether, written by authors no longer living and transcribed often by those who might rather also be dead, or just dying inside as well as out, or just so so good at typing with a strong benificent streak. Large… Continue reading An unparalleled correspondence