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Joined 11 months ago
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Cake day: January 2nd, 2024

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  • I only posted this in news. Not sure why you commented twice and both were basically saying the same thing.

    Directly from the article

    “To their astonishment, it was a 4 to 5-meter-deep structure offering clues to a settlement almost identical to the one in Soline. They also dug out several Neolithic artifacts such as flint blades, stone axes, and fragments of wood on this site.”

    I’m not personally saying that one building is a city but it’s a start.

    They never mention the university at Bradford, but speak of the university of Zadar, so I’m not really sure why you linked that article that is related but not the same.








  • karashta@lemm.eetoMemes@lemmy.mlthe debt
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    5 months ago

    The other person who responded to me made a very all written post but it gets a core assumption completely wrong.

    They seemed to think that tax revenue in some way has to happen for spending to happen. That’s why they think GDP has anything to do with our ability to service debt. But the federal government creates money ex nihilo.

    Money has to be created before it can be destroyed through taxation. Spending and back stopping creation of money by private banks through the reserve system comes first. You can’t destroy something you haven’t created.

    It’s sad, really. Economists and politicians have blinded everyone with what I think of as “the money delusion”.

    It doesn’t matter if the money can be “gathered up” to be spent on things we need. We do not rely on the money of the wealthy. What matters is actual, real resources and services we can provide.

    The national “debt” is a misnomer. That’s the amount of dollars left in circulation that have not been destroyed through taxation, as well as the “dollars” that pay interest which we call bonds.

    I’m glad to see at least a handful of other people who understand. Fight the good fight, fellow human.