this post was submitted on 17 Nov 2023
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A Boring Dystopia

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[–] theluddite@lemmy.ml 1 points 1 year ago* (last edited 1 year ago) (1 children)

The fungibility isn't what's at issue. The link between the money stream and the military is a system that can't be understood separately. Thinking of it as taxpayer funded doesn't make sense.

arguably the entire worth of the dollar as a currency comes from it being what taxpayers pay in, so yeah it kind of does come from taxpayers

I encourage you to read the book. It really changed my perspective on what value even is and what it means. I don't think you'll think this after reading it.

[–] Primarily0617@kbin.social 0 points 1 year ago

Thinking of it as taxpayer funded doesn’t make sense.

if you raise a billion dollars from taxpayers, and then raise a billion dollars from foreign debt, and you have a problem that you need to spend a billion dollars to fix, any dollar from either pile can go towards fixing that problem

this is like when red bull broke their spending cap in F1 and their response was to say that the overspend was from catering

I encourage you to read the book.

i can't read