this post was submitted on 25 Dec 2023
584 points (95.6% liked)

World News

32375 readers
541 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] davel@lemmy.ml 1 points 11 months ago* (last edited 11 months ago)

From David Greaber’s and Michael Hudson’s work, I think I have a better understanding than most.

Whether or not you need a government to manage money is neither here nor there. The specific monies that the US & Argentina specifically have are sovereign fiat monies, which are controlled by their governments.