• UnderpantsWeevil@lemmy.world
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    21 hours ago

    our money has no value anymore since it was taken off the gold standard

    Our money has value because it can be redeemed to pay down US-based debts, particularly tax debts. This is - and has always been - the real value of any currency. Go ask David Graeber for the details. But the TL;DR; is that we use coinage as a form of extortion. “You need to give us stuff to get coins which you can then pay us to avoid the threat of state violence.” Roman soldiers working overseas were paid in coins, while they were charged with collecting these coins as a tax, in order to integrate conquered economies into the Roman Empire. You had to provide goods/services to the soldiers so they could take them off you every taxation period.

    Literally, money is a protection racket.

    Also, who the fuck wants to eat a Big Mac? That shit’s disgusting.