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Originally Posted by !@#$%!
so, full employment through compulsory work?
now you’re scaring me...
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Or welfare payment. But either way the currency is legitimated via needing it. It's not nice and a libertarian would want to destroy this situation via returning to a gold standard or creating cryptocurrency etc. But that's how fiat currencies work and they have their advantages: the government is the monopoly issuer of them and thus has effectively an unlimited supply, as we've just seen