Sebrof

Also, I fucking hate it I hate it so much goddamn it is boring and sucks and I want to jump into a woodchipper at the thought this is going to be what I do for the rest of my life.

but the sun is eclipsed by the moon

Is there an archived version of this out there, I cant access the article

We're living in the dark ages

Hey! I'm on chapter two of this book, glad to see it mentioned. Growing up in the country I'm like "damn, I know these people" when reading it. It really hits hard too when it feels likes it's describing your family and people you grew up with. I need to finish it, but glad to see it discussed

Do you think these alternative institutions are just not 'mature' enough to set up these alternatives to the dollar? They don't have the institutional know how, knowledge, confidence, etc., and so the incentives aren't strong enough. Perhaps that is too vague of a way to phrase the question. It seems like future opportunities will surely exist when the next financial crisis occurs. I also want to have a better understanding of how America can be so strong financially but so weak with it's own productive capacity, and how that will play out. All the money in the world can't buy what labor can't provide. I am not yet at the level of offering much of substance, still learning.

Also, I imagine Hudson's book would help with understanding this.

I remember the moment when dedollarization seemed imminent (I was lurking around here). So I appreciate the dose of realism (even if it's a buzz kill lol)

If you don't mind, may ask you for some resources on how to better understand the monetary system, foreign exchange, etc.

I've been reading Marxist (and Marx adjacent) economics papers from a production/value (this is what am calling it) perspective (authors such as Pasinetti, Sraffa, Shaikh, Wright, Mohun, etc.) and feel like I have gotten a better understanding of that tiny subfield. It helped me better understand input output tables, labor values, their relation to prices, and etc. But I am much less knowledgeable when we turn to actual money, international exchange etc etc. I need a good set of resources to understand even the basics I feel. Maybe someone here will say it's all in Marx and I'm betraying my ignorance. If so, then point me to whichever passage lol. There likely isn't one resource to cover all the basics, but any thing you can share would be appreciated. Thank you!

Agree, that's why I enjoy droplet's comments. They remind me of the difficulty of the struggle whenever I'm feeling too, hmmm, idk, "optimistic"? Or for when I'm happily dancing on the corpse that hasn't yet died.

I appreciate them though. Whenever I'm feeling too giddy about the downfall of the West I look for their warnings to temper my excitement and consider if it ain't over yet

Right on time, and beyond parody