Economic Education: Get Some!

Yeah an answer to even a more stupid statement you made.

Yes, I traded a wrong school of economic thought for a correct one. You got me there.

So…gang up on and take from whomever creates something?

Gold, silver, another fiat currency?

So if you truly believe this, then no one should believe you. And why would you believe anyone?

What does belief even mean, man? I don’t know about you, but I look up at that big bright moon and tell myself that everyone else who believes what I do is looking up at that same big bright moon right now too. And it’s just so beautiful, isn’t it?

How are you able to know so much about economies of money? How can I gain your abilities? What do you think about when you look up at the big bright moon in the sky?

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There you go.

Something else to misunderstand!

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Anyone else ever see those squiggly lines in their eyes? I wonder if that’s God’s way of talking to us.

What would the point be with this? What would be different? Gold and silver also backed the dollar once. Meaning you could get those precious metals when redeeming it for dollars And it worked so well that Nixon took us off it and every nation that has gone to war had to suspend it.

So they would gang up on the producers democratically to steal from them?

Try actual reading instead of watching Fox News to get your marching orders.

Oh no. You have soiled the ghost of Carl by bringing him into this thread of woe.

Is there a form I can submit to get my money back? Those are minutes I lost and they aren’t coming back.

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Understanding the workings of the universe does not compare to understanding the monetary system of a fiat currency. Two completely different posits. Understanding the universe is much more complicated. So this was a big fail on your part. Try better.

No transactions in dollars.

Indeed.

I know you’re a Nixon fan, but that was either stupid or evil.

Strange, that.

That’s what you implied, yes.

Because this happens all the time in worker co-ops. Right?

Not so, when you understand the fiscal space given by a sovereign country with a sovereign fiat currency.

But potentially another fiat currency. Makes no sense.

It was in response to your exchange quoted above.

Oh, believe me, I knew that was going to be a complete failure.

It was supposed to be, but you wouldnt know why in a thousand lifetimes.

You’re the one that argued the dollar only has worth because it’s accepted as tax payment. People could easily avoid taxes if that were so, even if they just used another country’s currency.

Okay, then why don’t you try it.

Who would accept another country’s currency for payment of something?

You do not live in reality.

Man, you are so clever.

Can you imagine how messed up things would get if we did that?

The refunds alone for quality time that didnt go as planned would bankrupt us.

Then poof! That would be the end of time.

We can’t have that, can we?

The word Theory is in the name. This means that the idea is not necessarily correct. It is mostly a hypothesis. Therefore you cannot claim it is the correct “school”. It is the one you wish to be correct.

Even scientific laws are challenged by theories. For example: according to quantum physics theories there was a very small but non-zero chance that when you were dropped on your head as a baby you may have instead floated up and we could have avoided all your threads here.

@Andrewgen_Receptors lets get back to measuring calves. It’s kind of an exercise in futility so it’s just like MMT.

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