[ExI] Sell your Bitcoins!

[spike at rainier66.com]

From: John Clark <johnkclark at gmail.com> 
Subject: Re: [ExI] Sell your Bitcoins!

 

On Mon, Jun 8, 2026 at 6:32 PM spike jones via extropy-chat <extropy-chat at lists.extropy.org <mailto:extropy-chat at lists.extropy.org> > wrote:

  

  > Where does the money come from?

 

 

Spike, I'll be damned if I understand the point you're trying to make. The money  the government will need to keep tens of millions of Americans from starving to death, because they are no longer employed or employable, will come from exactly the same place that this government and every other government has always used to get money, through taxes…

 

They can’t get enough through taxes.

 

>…and the printing press….

 

That press cannot print wealth.  Only currency.

 

>… and as long as at least 4 of the 7 governors at the Federal Reserve are not blithering idiots, then inflation will not be a problem. 

 

 John K Clark

 

This is the step you still haven’t explained.  Your theory is that at least four governors of the Federal Reserve have always been blithering idiots, morons, otherwise we wouldn’t have a problem?  Or that we can tolerate morons in that office now, but at some point in the future will not be able to manage with morons on that board?  Assuming there are four non-morons and assuming that they agree with each other, they raise interest rates?  Is that your theory John?

 

spike

 

 

 

 

 

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