Talk:A pictorial guide to asset price history

There's an interesting rhetorical trope the media (no doubt intended to condition one's response to information such as these plots) which misrepresents the problem as one of excessive spending or of undertaxing. The falsehood lies in the tacit implication that USD is issued by the government as debt-free currency. If only. One can hardly be blamed for making this presumption, yet in reality most USD is created when commercial banks lend money and destroyed when debt is repaid, with a smaller portion created by "the fed" when it buys bonds, which is also a type of loan. USD is a "debt-based" currency. In short, believe this article (or rather, its readers) would benefit greatly from this information. It's hard to say how well-informed the general public is on the topic of monetary policy (not very, I suspect) but at the least it couldn't hurt to add a small paragraph for the sake of disabusing the hapless citizen. AP295 (discuss • contribs) 09:26, 29 March 2024 (UTC)

Not that I've forgotten our unfinished conversation on Talk:A Doylist Perspective on National Debt. At some point I should probably make another round of edits to that essay. It could use a few adjustments/improvements. While it gets the point across, I don't want to leave the reader with so many more questions than answers. The mass media's propaganda creates a rather high "noise floor", as it were. It's not particularly hard to compose a serious critique of the status quo, but unless it can stand out from the noise it does the observer no good. I digress. What is your intent for this resource? AP295 (discuss • contribs) 14:21, 29 March 2024 (UTC)