Also Named Bort 🇨🇦 @terryenglish@librem.one

@nerdman I could be wrong though and I'm open to evidence. @uu @fluffy

@nerdman A common misconception asserted by "Libertarian" economists. I have never seen anything compelling to suggest that the transition away from the gold standard did much of anything aside from increasing the American control over the world economy. @uu @fluffy

@nerdman We used to have restrictions on capital flight prior to the 1970's. Which coincides interestingly with Nixon's visit to China a little after they were dismantled. Weird coincidence. @uu @fluffy

@nerdman That would happen if a country decided to stop facilitating the ability for those people to move their money elsewhere. Placing restrictions on capital flight. Again they are only able to do that not only because we allow it but we help the process. @uu @fluffy

@fluffy America had powerful unions back in the day. Even in the private sector. So yes spite is definitely part of the equation. @nerdman @uu

@nerdman That's not entirely true but alright the 1960's then after all countries in Europe were largely rebuilt. Point remains the same. @uu

@nerdman America must have been really poor during the 1950's then when the tax rate was much higher for individuals and corporations. @uu

@nerdman Poor people often times don't even have a choice in what they buy as they will likely pick the cheapest option not that has anything to do with what I was talking about. You're correct in some sense thought that society should not permit the existence of billionaires. They should be taxed out of existence. @uu

@uu When the billionaires return to the earth they destroyed.