As long as the US can forcibly export their inflation to other countries, they will do it. This “debt ceiling” is an aphorism for the exportation of inflation in exchange for real commodities and labor from third would countries, using the military and banking systems as strong men.
There is no debt ceiling. The debate about whether we should owe more or not is just a distraction for people who want to think that government obligations follow the same rules as private debt obligations.
Aurelius
npub169…v2thg
2023-05-22 13:08:14
in reply to nevent1q…a49e
Author Public Key
npub169yu4d6xl8a6d4xvfyhstjdxr0cc7qtfq5pch5kwv4k2wkapa3pq8v2thgPublished at
2023-05-22 13:08:14Event JSON
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"content": "As long as the US can forcibly export their inflation to other countries, they will do it. This “debt ceiling” is an aphorism for the exportation of inflation in exchange for real commodities and labor from third would countries, using the military and banking systems as strong men.\n\nThere is no debt ceiling. The debate about whether we should owe more or not is just a distraction for people who want to think that government obligations follow the same rules as private debt obligations.",
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