I agree

Borrowing is just the way the US (and all sovereign currency-issuing nations) create money.

Yes it's a waste of time and resources and is awful and cruel... but the US doesn't need to borrow from any other country, and it doesn't need to earn more taxes. It can just do it.

Money is political.

This is why everyone needs to watch findingmoneyfilm.com

My bet we'll be watching Glasto on @channel4.bsky.social next year

With the radical progress of automation, we’re heading toward a world where workers are no longer needed — and without workers, there are no consumers.

So what comes next?
3/

Oh wow

Thank you @allouryesterdays.bsky.social (and @davidrvetter.bsky.social and @thierryaaron.bsky.social for sharing)

I also have to credit @vegardbeyer.bsky.social without whom it would no doubt have been three times longer and half as good.

Generations, since the 1950s, have been indoctrinated in hyper individualistic competitive economics, to the extent that we have lost faith and capacity in collective organising. We have to learn again what humans are really good at: coming together to discuss, decide and act.
17/

Exactly! This is the message we were trying to convey.

Thanks for listening and sharing!

Thank you also to: @gayaherrington.bsky.social @andrewlfanning.bsky.social @timparrique.bsky.social @alidowling.bsky.social @annaleitner.bsky.social @erinremblance.bsky.social @leoniesontheimer.bsky.social @andrewringsmuth.com @ee4all.bsky.social @jbrandsberg.bsky.social @modernmoneylab.bsky.social