this post was submitted on 06 Sep 2025
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[โ€“] False@lemmy.world 3 points 4 days ago* (last edited 4 days ago) (1 children)

Does it make sense? I'm not following their logic (which is normal for these)

[โ€“] theneverfox@pawb.social -1 points 4 days ago

Yes, because federal reserve notes (aka fiat currency) wasn't a thing when the basic frameworks were established. Hell, it was just straight up fraud that created it, the problem just got out of hand and so they put a bandaid on the problem... It's a fundamentally nonsensical system

There's probably tons of unpatched laws that don't take this into account, or even explicitly carve this out

Our laws are a crazy mess