Or they do but I feel like the gravity of the statement alone never really registers

Was recently reading a book written a long ass time ago by some Brit where he talked about how a lot of the value in currency (coins and paper of the time) came from the fact that they were all tangible

And now wealth/money is completely digital. Of course the fed still prints shit, but with the amount of people who use Apple Pay/venmo to exchange “money” from person to person?

Actually, does anyone know what I’m trying to say rn? Is money just a Trojan horse?

  • Speaker [e/em/eir]
    ·
    1 month ago

    First, it's /c/doomer, which is definitionally idealism. There is no serious analysis, only vibes.

    Second, it's an uncharitable read to not infer the implied "under capitalism". If you can find me a central bank in empire that is not an organ of the surveillance state, I'll be very pleased to adjust my position on some things. Or are you living in a world where the Fed is actually going to do something like DCEP?