this post was submitted on 15 Sep 2024
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Politics
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What seems to be lost on most, is that money has been coming "out of thin air" for close to a century already. The problem is that every time less money gets destroyed than created, it dilutes the worth of the total... and people who still think in terms of gold nuggets, are completely unprepared to propose anything that would make sense.
Gen Beta might have more of a grasp on things.
That assumes we educate gen beta, with no time, money, resources, or fucking example to go off. So yeah, don't hold your breath that a magic future generation will both A understand the economic climate that professional economists struggle to explain, and B have a willingness to help poor people once you are in the "I'm so smart and handsome and God even loves me more than anyone poor" pipeline they shove you down.