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Replying to Avatar Carl B Menger

The leading fiat economist, Jared Bernstein, chairman of the Council of Economic Advisers, can't even explain why governments borrow money in the currency they print out of thin air.

#Bitcoinย  fixes this. https://video.nostr.build/071111b20b898dab3d201bf612babcfb11b300e8864802d5e876912a41308edd.mp4

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The Frugal Fren 1y ago

"I don't get it. [...] I don't think there is anything confusing there." ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

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