Interesting points but first of all we are talking of apples and oranges. I am talking of a representative government and what occurs when the voters determine they can willy nilly vote them selves payments which seems to be the path we are on here. In your example some despot takes the coins, here the “despots” are happy having power while sprinkling worthless paper about.
Notwithstanding what others have avoided saying, I have been pointing out the debt problems for a long time but your point is well taken. Yes too many look the other way depending on whom is in charge.
Don’t close your lesson books, yet.
Thanks for your post and I am glad you have been staying consistent on your debt message for sometime.
I promise not to close my book lesson 👍