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Jacques Riverain

@jacquesriverain.bsky.social

Pas de messages privés stp. Sauf si tu veux me donner des thunes ! πολιτική φιλοσοφία και οικονομία.

created November 26, 2024

215 followers 148 following 2,866 posts

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Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I was about to say this. In the past I shouted at my cat (rest her soul) for waking me up, but she was just seeing if I was still there. She wanted confort. I should have obliged. I've never made this mistake since.

2/9/2025, 1:16:45 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

My views ARE reality.

2/9/2025, 1:14:51 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I didn't do that. A person can be a 'liberal' and make perfect sense. Perhaps you've misunderstood something I've said?

2/9/2025, 1:14:34 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Near the start someone in the background says: 'Why is no-one helping him.'

1/9/2025, 9:53:26 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

That's right. False.

1/9/2025, 7:38:30 PM | 2 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

They always get rewarded. 😂

1/9/2025, 6:15:54 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

LIterally a drag queen.

1/9/2025, 5:59:48 PM | 21 2 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I don't need to 'google'. If I don't know anything about something I don't post. Of course, anyone who doesn't wave your particular flag is MAGA, right?

1/9/2025, 5:59:14 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

At 81 he can't tell the difference. She probably said '60'.

1/9/2025, 5:56:38 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

1/9/2025, 5:52:49 PM | 3 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Kojak.

1/9/2025, 5:51:38 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I said nothing about 'idiots'. I said that a fair number of people opining, judging by their commentary, seem to be historically unaware. I don't know what 'Phi Kappa Phi' refers to (apart form it being Greek) or why it matters.

1/9/2025, 5:50:28 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

There's only about $6-7 trillion in total held outside the US as foreign exchange. 😂

1/9/2025, 5:31:46 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I am not a US citizen, but this site s flooded with something which affects the world. Most opining haven't read history, not even recent history, and it's clear from what they say.

1/9/2025, 5:26:49 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Look back at the range of antecedent causes. But okay, it's crucial now, I get that, but beware who you empower for the future.

1/9/2025, 5:01:54 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Because replacing big money neoliberals for big money neoliberals is a long-term solution.

1/9/2025, 4:58:38 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Or people obsessed with migrants and buying into false narratives about their general link crime.

1/9/2025, 4:54:50 PM | 3 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

It's nothing to do with him.

1/9/2025, 4:52:09 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

They're entirely believable!

1/9/2025, 4:47:49 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social)

BBC needing arithmetic lessons... apparently 1957 was 52 years ago.

image
1/9/2025, 4:21:48 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Was that also during Clinton's 'surplus years'? Be careful how you answer it will reveal a lot.

1/9/2025, 4:08:35 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Er zit ook geen logica in. Links wil normaal gesproken meer uitgaves, die de hoofdbron is van koopkracht voor de gemiddelde NL'er. VVD, D66 enz wil dat beperken, want ze geloven dat geld door toverij naar de mensen wordt gebracht door gewoon 'zaken doen'.

1/9/2025, 3:44:23 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

A British politician?

1/9/2025, 3:31:26 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

In sum, yes. It's pretty old starting in the late '60s with business trying to dismantle the post-war consensus economy. A lot of propaganda. There are many parts to this. Politically the Powell Memorandum was a key part.

1/9/2025, 3:28:07 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

When Clinton took power Dems had a senate/house majority. He could have pushed through single payer health reform. However there were background machinations. A lot of advisors pushing neoliberal economics, which they used to get centrist/right voters on board. So-called 'fiscal responsibility'.

1/9/2025, 3:17:38 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Among other things. Abolishing the Glass-Steagall Act, reneging on healthcare promises, taking fiscal policy advice from neoliberals/monetarists.

1/9/2025, 1:48:33 PM | 5 1 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I'm just answering questions. People ask or question a post I've made, and I answer. There is no playing. If it stops that's okay too.

1/9/2025, 2:35:51 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

When I first came to Utrecht it looked like the first image, now there's a hypermodern multi-storey bicycle park (largest in Europe I think).

Hundreds of bikes outside train station. image
1/9/2025, 1:19:18 AM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

The government owning parts of production isn't 'communism'. E.g. nationalised energy wouldn't be 'communism', just common sense.

1/9/2025, 12:00:33 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Economist Warren Mosler once met Al Gore and explained to him how the govt wasn't money restricted, and Gore understood and agreed, but said it would be impossible to sell to the voting public. He then got up and made a typical neoliberal speech. It's crazy. True story.

31/8/2025, 11:57:53 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

It marks the point neoliberalism became truly bipartisan.

31/8/2025, 11:29:10 PM | 3 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

That's true. I don;t blame Clinton personally for that DOMA, but it's clear to see what a lot of the mainstream party were like. Some are still there.

31/8/2025, 11:28:02 PM | 2 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Yes, terrible fake.

31/8/2025, 11:25:30 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Clinton's admin abolished the Glass-Steagall act. They also ran the first govt surpluses in most people's lifetimes. People seem to think that is good, but a govt surplus means the govt restricts spending (to less than taxation) which just runs down the public's income/savings. They bought the lie.

31/8/2025, 11:11:17 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Fk me he's ugly!

31/8/2025, 11:05:51 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

A bit odd.

31/8/2025, 11:05:09 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

They should amputate.

31/8/2025, 11:04:12 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Have you never seen anyone do a photorealistic drawing? They're easy to find. Surely no-one's asking me to get in touch with an old girlfriend so that I can demand she makes a video??

31/8/2025, 11:02:17 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Impressive whiskers.

31/8/2025, 10:16:56 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

The trick is to not go on vacation to Hawaii.

31/8/2025, 10:07:52 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Worse luck.

31/8/2025, 9:59:14 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

That was the photo I came to post. Well done!

31/8/2025, 9:57:32 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Other people's cats might run away. My cat hates children.

31/8/2025, 9:47:36 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Indeed. Also built upon a lie: that govt somehow doesn't have the money to afford it, but somehow the private user of the same money the govt issues by spending can afford it. A lot of people were born long after this started in the 70s/80s so they think it's normal and a mere political problem.

31/8/2025, 9:46:28 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Exactly right on the point of wasted infrastructure and labour blockages because they're all working in bloated insurance administration.

31/8/2025, 9:31:23 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

What are you asking me to do?

31/8/2025, 9:29:10 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Yes, I thought it was mostly gone as well. It was just dormant.

31/8/2025, 9:08:24 PM | 2 1 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Rug is nice too.

31/8/2025, 9:04:55 PM | 1 0 | View on Bluesky | view

Profile picture LisaLisa (@lisalisa42.bsky.social) reposted

Truth.

image
31/8/2025, 2:52:48 AM | 742 141 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Not if she doesn't want it.

31/8/2025, 9:03:08 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Who is saying that?

31/8/2025, 9:01:50 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Surely that would just point to something looking real, which is a drawing? The most likely thing to be flagged. An ex-girlfriend of mine draws photo-realistic portraits and hers have also been 'flagged'.

31/8/2025, 8:58:43 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I was locating the point in time when the party completely accepted the orthodox economic position. Nothing has changed since then.

31/8/2025, 8:47:03 PM | 6 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I was talking about Bill Clinton.

31/8/2025, 8:32:12 PM | 5 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Zero hours contract and nothing to do. It's more interesting working a pizza delivery scooter.

31/8/2025, 8:20:50 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Which is why it should be a federal policy. States are currency-constrained as a matter of policy.

31/8/2025, 8:18:04 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I should point out that once access is increased, resourcing matters. When access is low it appears that there are short wait times, buut it's only because many people are priced out. Once they're in things change. At that point a govt also has to work on policy to improve public health.

31/8/2025, 8:14:10 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I think everyone would be happier at this point if Venezuela invaded the U.S.

31/8/2025, 8:06:37 PM | 2 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

That said this has now been accepted as 'orthodoxy' and is why even the centre and left go on about 'finding money' and 'borrowing' and the rest. They failed to develop a rebuttal.

31/8/2025, 7:59:45 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Spain's is also a total access system. So is Portugal's.

31/8/2025, 7:57:48 PM | 2 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Well the NHS is entirely that model and only neoliberal policy has affected it. Prior to that it was the most money for value system with 100% access. The 100% access remains, but they have eroded the resourcing.

31/8/2025, 7:57:01 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

I never said that. 'Neoliberal' is political-economic word for the right-wing adoption of neoclassical economics (like Monetarism) which itself claimed to be based-upon classical 'liberal' ideals.

31/8/2025, 7:55:25 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Sad to think that some dullard 'hunter' would go for him.

31/8/2025, 7:54:00 PM | 38 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

It really is simple. We see it happen: a person gets angry and in the heat of a moment they try to grab something to throw or use, whatever it is. When that thing is a gun the result is predictable.

31/8/2025, 7:52:55 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Because he's an ordinary neoliberal and they think interest rate jiggling is effective economc policy. As it happens the best policy would be 0% (ZIRP) because it would kill off the bond market. I'm sure Trump is just exercising his arrgant will because someone said 'no', not because he understands.

31/8/2025, 7:48:51 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Don't 'best of luck' me like you're an expert when you clearly aren't. All systems in a currency-issuing government system have a guaranteed 'funding' mechanism. That isn't their problem, but resourcing it. Because resources are taken by private use. You'll need to learn more to succeed with this.

31/8/2025, 7:38:16 PM | 1 0 | View on Bluesky | view

Profile picture jeffreyalexander07.bsky.social (@jeffreyalexander07.bsky.social) reposted

image
30/8/2025, 7:31:28 PM | 246 87 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Same here, many of them dried on the vine. So I'm waiting for sweet chestnuts now.

31/8/2025, 7:32:59 PM | 3 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

They must have thought it was harder in the dark or something.

31/8/2025, 7:31:29 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

They have been giving it lip-service then going to 'business as usual'. Clinton especially (and one his econ advisers started this thread!). Once the 'left' was fooled by monetarism and associated lies, they failed to develop a rebuttal and simply adopted it as the 'reality'.

31/8/2025, 7:30:10 PM | 20 1 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

They only rely on that (and here in Western Europe) because they have deliberately built that model into fiscal policy. Not because it isn't achievable. Once you give the majority the option the private options atrophies considerably. See UK until the neoliberal turn.

31/8/2025, 7:27:14 PM | 11 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

And if she had the law wouldn't be able to move fast enough for their desire to change access to weapons.

31/8/2025, 7:02:26 PM | 1 0 | View on Bluesky | view

Profile picture Miaganga (@miaganga.bsky.social) reposted

image
31/8/2025, 1:23:20 PM | 227 70 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

He lies about being afraid of needles, but also says he has Botox injections to treat the 'spasmodic dysphonia' that makes him sound like a vocoder.

31/8/2025, 6:52:02 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

à trois !

31/8/2025, 6:50:51 PM | 3 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Seems to me he's rich enough to get regular TRT. Taking other PEDs would be pointless for him, though I'm sure he could access pharmaceutical grade in his position.

31/8/2025, 6:44:44 PM | 2 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

So he's on TRT?

31/8/2025, 6:37:40 PM | 2 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

What's wrong with his foot?

31/8/2025, 6:05:16 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

It would help if people verified things before posting them.

31/8/2025, 3:24:00 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Carswell is a particularly nasty character. For a long time he hid in plain sight as a mainstream Tory MP, but his ilk were always waiting for the rise of a right-wing nationalist party they could join. Scumbag that he is.

31/8/2025, 3:21:52 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Excellent Debussy-like piano score as well.

31/8/2025, 1:30:30 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Both my previous cats played fetch with a little stuffed toy. The slightly younger one probably just copied the older cat. None of my other cats have done this, but I haven't tried it with the current one.

31/8/2025, 1:21:49 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social)

Anyone else noted the passing of Andy Arobieke, aka 'Purple Aki'? Anyone who lived in the north of England in the 80s and '90s will know what I mean.

31/8/2025, 1:10:41 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

It is decently above the OECD avg though. I agree it could rise (and progressively), but this is not what is tying the chancellor's fiscal policy hands, it's their self-imposed 'fiscal rules'.

31/8/2025, 1:07:29 PM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

For other people to get the pound the government (or a member bank, which is just a conduit for it) must first issue it.

31/8/2025, 12:58:05 PM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

If he can find it.

31/8/2025, 2:03:40 AM | 2 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Party of opportunists.

31/8/2025, 1:56:42 AM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

The point is that having a vaccination programme works/worked.

31/8/2025, 1:47:59 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

About now the needles are afraid of him. Begging to go nowhere near him in case they get contaminated with whatever is rotting his brain.

31/8/2025, 1:46:49 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Clearly you didn't understand the post.

31/8/2025, 1:45:14 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

If Musk was really pulling his hair like that it would be separating from Trump's head.

31/8/2025, 1:39:44 AM | 1 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

That has nothing to do with this discussion. Why are you touting for business?

31/8/2025, 1:35:46 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Perhaps, the mega rich have clever means of acquiring money. They suck up a lot of direct govt spending & things like treasury bonds which are a free payday for the rich. Especially with those interest rates. This is different than govt's position though. Those credit ratings are irrelevant to them.

31/8/2025, 1:34:49 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

No. I give them. Not to 'Ron Vara' though. He comes out with the same things you keep saying.

31/8/2025, 1:21:39 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Ah. It was a genuine question though. Not facetious. I think I must have missed the rhetorical nature of it. 🙂

31/8/2025, 1:19:47 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Population growth alone is not a cause of more tax redemptions. And in an economy insistent on avoiding fiscal policy to address unemplyment, even more so. Times lady doesn't know what she's talking about (as usual).

31/8/2025, 1:15:39 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

The UK only uses the pound. They don't take it from anywhere.

31/8/2025, 1:13:51 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

No it is not. What do you mean 'additional funds'. The US govt has all the 'funds' it would ever need. That is not its problem. If you were talking about here in the Netherlands I would say 'yes' Euro user since it doesn't issue the currency it uses. But that's a different case.

31/8/2025, 1:09:17 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Corrections: 'Russia' (not Tussia!). 'Had' no gold.

31/8/2025, 12:53:35 AM | 0 0 | View on Bluesky | view

Profile picture Jacques Riverain (@jacquesriverain.bsky.social) reply parent

Another. Around 1939 US congress refused a $4bn investment in infrastructuire in the 'lease-spend' bill, apparently couldn't 'borrow'. In 1940 (when France fell) it had spent $300bn, didn't go 'bankrupt' and transformed the economy. How?

31/8/2025, 12:52:53 AM | 0 0 | View on Bluesky | view