1281
fuck this
(mander.xyz)
Friendly reminder: https://www.scientificamerican.com/article/yes-science-is-political/
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this post was submitted on 04 Mar 2025
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It's a real theory. From what I understand though the shredder is a thought experiment, not meant to be taken seriously. They do acknowledge that you have to receive money to spend money. they just think of it like a balancing act instead of a 1 to 1 relationship.
You don't need to receive money to spend money if you print money. The purpose of taxation is to reduce the monetary supply.
In one specific economic theory.
I'm not saying you're wrong. I'm pointing out that it's a whole debate.