@hrbrmstr @pluralistic @karlauerbach
A promoter of using #cash money has an article about that this last April as one of many reasons:
#powerout
#blackout
#wildfires
The power outs even goes by the abbreviation of
#psps
@gopal @pluralistic @karlauerbach yeah i have learned to ignore all the lying self-serving pieces from "The Conversation" since none of them are independent at all. None. It’s pretend academic BS.
Some of it may be legit, but the entire concept of “The Conversation" is BS.
Only one I RSS there. I might of in the past read some other post on that site as part of a past discussion group but it would of been a one off kind of thing. His blog on there is kinda independent in the fact that "Power of Cash" book took up time to write up the book and it is a side project he really just wanted to take up, last I knew he got a de minus amount of money from the book sales but promoting cash use; which really don't have a lot of money in it (ironically). 1/more
@hrbrmstr There is no associated class almost a year after that book came out to cross sell. He realized the issue while being unpaid work the "Federal Reserve" which seeing they, there member banks and the actual U.S.A. Federal Government all create or as @pluralistic sometimes puts it "spends money into existence and taxes thus getting rid of it"
I would add that if you paid 100% of the U.S.A. Federal debt back you would have $0.00 dollars in existence after such.
post reply 2/3 for today
@karlauerbach On the cash issue using it really is a decentralized kind of thing. And there is the less and less in the U.S.A. options to choose from and yes you have to get approval every time you use a card payment. With bank mergers 1 + 1= 1 (after a bank merger).
In what way do you see that article or anything else by that author to be pretend academic or what ever you trying to get across in the limited space on here? @hrbrmstr We all are dependent every time we spend money on others.3/3
hrbrmstr 🇺🇦 🇬🇱 🇨🇦
gopal