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33 sats \ 3 replies \ @fiatbad 11h \ parent \ on: Which is Worse: Taxes or Fiat Money? econ
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I thought I made it clear that I want to learn your perspective. There are probably parts of this that I don't understand. I'm going to offer my perspective, for the sake of conversation. But I was clear that I'm trying to be humble in my position, because there's a lot I don't know.
I know there are a lot of classically trained economists in this territory who can teach me.
So, I wasn't "throwing anything in your face", or trying to be condescending. I'm genuinely trying to learn, and explaining where my current understanding lies, and the books that have taught me.
It's possible I've spent too long reading about how fiat works, and I have a blindspot on the taxes side. That was the point of wanting to debate. I asked you for book recommendations. I want to learn, not be rude, or have others be rude at me.
I thought your comment was totally reasonable and humble. too bad you didn't get a polite or constructive response.
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yahyah, w/e. This is SN, we're snarky here
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straight up, your initial comment can just replace "tax" and "fiat" and still work, which would indicate that there's something off.
More importantly, taxes are MAGNITUDES larger in contemporary Western soc than the extractive benefit from fiat currencies. E.g., my Twitter interaction w Larry Lepard:
I also don't know what part of the world you live where taxes neatly/accurately/appropriately "provide citizens with goods and services." And to the extent they do, your entire thesis is based on a disingenuous comparison... what, fiat money doesn't provide the services of a monetary system (acceptably well)?
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