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Joined 3 days ago
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Cake day: March 24th, 2026

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  • That’s it! You answered your own question. Because it’s the global reserve currency, it can inflate its money supply and gain the domestic benefits of money for nothing, but the negative impacts of “relatively more dollars chasing relatively fewer goods” are diluted among all global economies using the USD.

    It’s a limited and temporary advantage. As the world is finding out the hard way, any dealing with US assets now poses incalculable geopolitical risks. Not just from losing the defacto reserve status, but both from abandoning the rule of law for autocracy as well as from disruptive warmongering, tarrifs, broken deals, loss of trust and the inability to bargain in good faith.


  • You’re onto a piece of something, but it’s a partial truth that you’ve perhaps over generalized.

    To your point, America is exporting it’s inflation globally so it can buy things with money it doesn’t have. I also agree to your point that neoliberal economics, especially how it is discussed in public through western (American) & billionaire owned media and government is a sham. This is some of the kernel of truth you speak of.

    You overstate your case when you talk about taxation and economics as a whole. Don’t throw the baby out with the bathwater just because someone else shit in the tub.












  • CapuccinoCoretto@lemmy.worldtoLemmy Shitpost@lemmy.worldTaxes are cool
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    10 hours ago

    Yeah, but can I be the guy who supplies industrial amounts of chlorine, alum, sodium hypochlorite, lime, ferric chloride, sodium hydroxide, activated carbon, polyphosphates, hydrogen peroxide, and ozone for disinfection for my local water treatment plant? Can you spare the steel and engineering brother? I’m so thirsty. Do you know anyone who is good at instrumentation and SCADA who wants in on our potluck?

    I also have to take a dump. Can I give it to you? After we wash our hands, we can cook a meal together.