Just spent my morning explaining currency reserves, exchange rates and inflation to my 10-year-old and now I think I need a drink.
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Just spent my morning explaining currency reserves, exchange rates and inflation to my 10-year-old and now I think I need a drink.
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John Francisreplied to Michael Stanclift last edited by [email protected]
@vmstan "where does the govt get the money to credit the reserves for bond interest and redemption Daddy?"
"They just type it in on their keyboards child"
"but...butbbut..but THAT'S SOCIALISM!!"
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Michael Stancliftreplied to Michael Stanclift last edited by
He’s a very intellectually curious child but god damn I don’t know when I get into the car with him if I’m going to have to explain economics, political science or nuclear fusion on any given day.
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@vmstan steer towards fusion, it's got very well-validated and in depth theory. The other two...oh man...just full of unresolved paradoxes.
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