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Joined 2 years ago
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Cake day: July 3rd, 2023

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  • There is a fundamental difference. If I want to buy $20 worth of stuff from the store, I need to have $20. The government just spends it, creates the money out of thin air. And it does, litteraly go back to thin air when the government takes it back. The is fundamental to the way the economy actually works - if the government had to actually physically have the money in an account in order to spend it, spending would become massively problematic and unweildly.


  • Yeah but, despite all of that, (none of which I read, I’m sure it’s all true though), it is a natural law of the universe that you cannot get more energy out of a system than you put in. Regardless of all other factors, if you consume upto your daily maintenance calorific intake, you cannot gain weight. If you consume less, you WILL lose weight. Whether external factors or pressures prevent you from managing your calorific intake correctly in another discussion, but the laws of thermodynamics don’t take a break when it comes to health and nutrition.


  • Right, and deficit spending proves my point. The government spends money that doesn’t exist. They don’t collect taxes in April, count it all up, see how much they’ve got, then work out the deficit, then create that much extra money. They spend what they want/need to spend, then remove excess from the economy with taxes.










  • Yeah but, I’m talking about this particular case, not making a mathematical rule. You have to move away from the coast, and then cannot turn, so you have to head towards Africa. You can’t set off toward Australia. Although I hadn’t considered that you can just move the starting point. So, there’s that.