A Government That Issues Its Own Currency Cannot Owe a Debt to Itself
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Күн бұрын
@davebenz8271 9 ай бұрын
Hence Bitcoin.
@aquavitae3824 9 ай бұрын
Not all money is debt.
@PEGSInstitute 9 ай бұрын
It is, and always has been kzbin.info/www/bejne/aXrLqYyJftKmjZo
@aquavitae3824 9 ай бұрын
@@PEGSInstitute your own definition is: a medium of exchange, yes? Who is a gold eagle a debt to? It's as if you forgot that some mediums of exchange have intrinsic value as goods. Please explain if I'm missing something about the non-debt currency, money.
@PEGSInstitute 9 ай бұрын
Our sources are in the description of each video if the short videos don't provide enough detail.
@aquavitae3824 9 ай бұрын
@@PEGSInstitute I quoted your definition of money, then gave you an example of a common medium of exchange which has an intrinsic value beyond only being a currency. Referring me to another claim isn't proof. Please explain how gold coinage is debt.
@PEGSInstitute 9 ай бұрын
I assure you that no length of KZbin comment will be as convincing as the anthropological evidence mitpressbookstore.mit.edu/book/9781612199337
@SanzuRiver 9 ай бұрын
Debt to make money yippee
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