• Emi@ani.social
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    26 days ago

    I’ll never understand how economies work, I just assume it’s all imaginary money.

    • Xeroxchasechase@lemmy.world
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      26 days ago

      All moneyis imaginary. Economics works by allowing some people with a lot of imaginary money to exploit (the planet and) people that depends on them by giving miniscule amounts of imaginary money, just enough to survive.

      • Evil_Shrubbery@lemm.ee
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        26 days ago

        Speaking basically they are right.
        Speaking at medium understanding they are wrong.
        Speaking at advanced understanding they are absolutely correct.

    • ProgrammingSocks@pawb.social
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      26 days ago

      Speculative economics is literally definitionally imaginary. In this case, it’s because of real factors with Russia’s GDP - the massive amount of trade embargoes on Russia meaning they can’t really import or export a lot of the stuff they would have made money on, as well as them grinding all their young men (who would otherwise be working) into a pulp.