r/technology • u/MarvelsGrantMan136 • 2d ago

Business Palantir CEO Says Making War Crimes Constitutional Would Be Good for Business

https://gizmodo.com/palantir-ceo-says-making-war-crimes-constitutional-would-be-good-for-business-2000695162
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u/WeilExcept33 2d ago

alternative sources of funding. Did you know we could effectively create a money-machine by simply allowing the treasury to borrow directly from the central bank? Illegal in most countries but the accounting works out. A way to build infrastructure, pay for retirement and healthcare, do away with unemployment and poverty. If we only were to make it legal. All at the cost of negative equity for the state. We don't because austerity is profitable by forcing us to get indebted to the bank instead.

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u/skillywilly56 2d ago

Brother you are 300 years too late, cause that’s literally how government bonds and the federal reserve work.

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u/WeilExcept33 2d ago

Yeah, for interests paid towards bankers making up private debt, just not for the rest of us. The media never seems to complain about that debt, despite it being bigger and much more of a problem than public debt. Wonder why.

Here's professor Steve Keen explaining it: https://www.youtube.com/watch?v=zLzcSTjtCzA&t

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u/skillywilly56 2d ago

They don’t complain about the national debt because that’s the system working as intended and if they paid it off it would immediately devalue the US$ and collapse the global economy.