“entirely held together by human perception.”
no
people create value in the world
they are putting that value in real monetary objects
fiat is a evil monetary object designed to extract and control
it’s a real thing, it’s a real monetary object.
they aren’t putting the value their create in their head, it’s not imaginary. it’s real money.
this is what happens when the “subjective theory of value” over corrects the “labor theory of value”
it’s just esoteric bullshit that doesn’t resonate with the reality of people’s lives.
but our upcoming book will correct this.
if we want to orange pill the masses, we have to sacrifice macro for the moral, theory for reality, economics for ethics.
