The US can print infinite money but resources, knowledge and workers are not infinite and cannot be printed.
@SamuraiElf There is a cyclical theory of history embedded in that article. It recontextualizes ibn Khaldun’s idea of how group feeling grows through a crisis and then recedes until you have soft, decadent unaccountable self-lucking ice cream cone elites at the trough crushing workers.
@SamuraiElf Muqaddima, the Foundation (pre-Azimov ;) The most recent cycle being the New Deal to today, where gains such as they were are targeted for austerity along with banking deregulation to transfer and concentrate resources upwards via money-embezzling operations, i.e., endless war
@Anabasi74801802 I think you'd like Michael Hudson's work.
@SamuraiElf I love it and am looking forward to his latest historical books!!! 📚
@Anabasi74801802 Temples of enterprise which is all about Mesopotamian finance will be out most likely early next year.
@SamuraiElf Party of trilogy, yummmmm 😋