https://i.poastcdn.org/d0ba01f8b00e596356ddc0fffd134217e633c696a4979b67f45d9413100fbb57.png
this is why I have always been firm on MMT not being a truly systematic approach
MMT is just Keynesianism for people (well, retards) who struggle with basic calculus
https://i.poastcdn.org/ed3403b21474a2050c9ac547f767093afd0dd928d28ba4242ae47dde8aaedf66.jpeg
The key to breaking bad news is to put it in a palatable fashion, very wise
What will replace it?
Commodities
Gonna be tricky to carry pork bellies or barrels of oil to the store to buy groceries, but I guess we'll do what we have to do! 😂
You laugh now
My guess is some kind of crypto. It won't be official but it'll happen anyway. I used to think gold had an equal shot but the more I thought about it the more I realised it's much much harder for average retailers to accept gold than crypto.
Something like the Rentenmark-to-Reichsmark transition seen in Weimar if I had to guess: a currency backed officially by a mix of gold and hard commodities. Maybe crypto ledger technologies will come in handy to support it.
But we can still chop children's genitals off and export homsexuality right!?