- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
A video explaining modern monetary theory and how with a little Marxism it can benefit everyone.
A video explaining modern monetary theory and how with a little Marxism it can benefit everyone.
But also bad if you have pay for things like food and shelter. Then you are just bartering which is less efficient than having actual currency. You can’t buy or sell someone half a haircut.
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If wages rise with inflation, then workers gain relative to those with accumulated fortunes.