Just quoting stanzas from State and Revolution?

  • @HakFoo
    link
    1120 days ago

    Fixed yield government bonds.

    Their image is rooted in the madness of speculation and parasitization.

    “Behold, nightmare, for my capital is used productively and sustainably to build a water treatment plant rather than sacrificed on a flaming altar to appease meaningless paper growth!”

    • FuckyWucky [none/use name]
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      fedilink
      English
      11
      edit-2
      20 days ago

      nah they love government bonds, its where they park all their money whenever there is a run to liquidity. ‘euthanasia of the rentier’ and all. it happened when the US raised interest rates, all the investors in third world countries fled to US Government securities.