• 0 Posts
  • 44 Comments
Joined 10 months ago
cake
Cake day: December 25th, 2023

help-circle


  • I think it has to do with complete distrust in western news and government (WNG). They can discount anything WNG says; especially when, it goes against their belief that the US is bad.

    I believe we live in the most sophisticated propaganda machine ever developed but the folks who are a part of it mostly don’t lie. They’ve got the same problem the tankies have but reversed. The folks who work in WNG believe the US is good. They naturally distrust and minimize any info that would conflict with their beliefs.

    There’s a lot of cognitive dissonance.

    The only way I can navigate my belief in the fundamental inaccuracy of information is acknowledging it and accepting I don’t have enough info to be certain a lot of the time.





  • pearable@lemmy.mltoMemes@lemmy.mlthe debt
    link
    fedilink
    arrow-up
    2
    ·
    edit-2
    5 months ago

    That sort of thing can happen in extreme situations. Zimbabwe and Weimar Germany are the most prominent examples. Both examples involved not having enough stuff. When there aren’t enough necessary goods to buy and people have plenty of money you’re going to get inflation. Using the right combo of subsidies, government run production, purchase quantity limits, reserves, vouchers, and price fixing you can ensure the supply is stable and eliminate inflation even if there’s lots of money.

    That’s true. That happens because people are stuck in the narrative of the government needing a balanced budget, just like a household. It also happens because the owners and the corpos use all their money and power to ensure workers pay taxes and thus decrease worker money and power.

    Yeah, if the population was educated on MMT the ability to bring corpos to heel would be significantly increased. People arguing for it are fundamentally arguing for a change in how we think about money.