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Originally Posted by !@#$%!
so you’re stuck in a labor camp living at welfare level?
please help me out here
i’m not a libertarian but i don’t want to be dictated to either
eta: originally i was referring to trust in the value of the currency to prevent hyperinflation but things suddenly took a dark turn with the threats of incarceration
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You're misunderstanding me. This is how currency is legitimated right now, as we speak. MMT is only describing how currency comes to exist and is legitimated, not making any kind of normative judgements about it.
As long as the government is the monopoly issuer of the currency this is just the nature of floating fiat currencies