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Debt Myth Game Theory or Express Lane Enslavement?
In this episode of news for the poor, we discuss experimental economics or what I like to call express lane enslavement or what Washington DC likes to call economic patriotism where it's been gaining traction as a companion to the fed's central bank digital currency. in this plan, that Forbes trashed in 2017 then praised in 2023 by publishing Robert Hockett's 'What is economic patriotism? hint, it's about the production', which you can find on Ro Khanna's congressional website where it's praised for it's
bi-partisan support, namely, from the new Secretary of State, Republican senator from Florida Marco Rubio as he's about ready to assume his duties in #DonaldTrump's presidential cabinet.
I find this article and economic patriotism very concerning for several reasons one it's nationalist #ideobabble(#tikhistory), it's void of any intellectual substance but written by a Rhodes scholar, who holds several advanced degrees from elite universities, including a masters degree in philosophy from Oxford, even though the plan's title is an effrontery to philosophy itself; it's attached itself to the Fednow CBCD initiatives, and Ro Khanna has explicitly stated it involves substantial federal investment to build state of the art state-owned factories. The treasury will magically just give money away because debt is now a myth according to #AI game theory experimental economic models that never get around to explaining A. If debts a myth, why didn't anyone let the poor know the Fed transcended mathematics, the language of the universe and all of science? And B: when did everyone sign their life over because if that's a myth and everyone's getting things and we own nothing then the only rational explanation is that we are owned...which is communism
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