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How to fix the economy (lemmy.world)

submitted 4 months ago by [email protected] to c/curatedtumblr

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[–] [email protected] -1 points 4 months ago* (last edited 4 months ago)

Fiat currencies are actually backed by the tax liabilities denominated in them. If you are liable for one of my business cards, else a guy with a gun shows up at your door, you suddenly have demand for my business cards.

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