Oddbean new post about | logout
 I don’t disagree with any of this.  I don’t particularly understand your point about being dependent on the system?  Of course if would crash without it and 100% needs the current system to maintain the deficits. 

No argument here in the slightest and I never, ever, have argued otherwise.

I have a degree in macro economics, with a monetary systems and commodities specialty. Nothing you said there is news to me.