#Economics#Money
— E.K-H (@AXECorg) August 21, 2024
“… monetary sovereign governments, …, create new currency when they spend and do not need to tax or borrow to finance government expenditure.”
That money is created out of nothing and backed by nothing is NOT the critical point of a #FiatMoney system. The… pic.twitter.com/6Cz7ewoHqF
This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.