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Cake day: May 18th, 2025

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  • Great comment!

    It makes things difficult in IRL leftist circles where everyone has different exposure to theory and different abilities to engage with theory. Not understanding something is seen as a weakness so everyone has to pretend they understand it, and thus conversation ends up being really shallow and unproductive. The worst a person can do is say something “incorrect” and prove they’re not a “real” leftist.

    Like, to convince people of things you have to appear confident. But to learn things you have to be humble/vulnerable. And our culture makes it difficult to code switch.










  • DornerStan@lemmygrad.mltoMemes@europe.pubGod?
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    8 days ago

    Money doesn’t work for governments the same way it does for people and households. Money is the “blood” of the economy. It needs to get introduced to the economy and it needs a way to be taken out of the economy (taxes, which also function as the “incentive” for even using the currency in the first place).

    Governmental debt can’t all be lumped into one mass. Do you owe the debt in your own currency or another country’s currency? In the case of the former, it’s not really debt.

    Forcing countries to trade in a currency it can print more/less of at a whim is a key part of how the US maintains global supremacy.