Re: Some quibbles...
You will find the writing of time recording debts to temple and the monarch. Please show the extensive records of private debt *not* to those.
As for bankruptcy, it is something that can be used only under pretty extreme measures, at least in the US. Multiple laws have gone into effect to restrict bankruptcy for student loans, credit cards and even personal. What is more, the law doesn't allow for expunging of debt by decree, which is what a Jubilee Year is. Please show me the law allowing debts being wiped by decree. Ah yes there is one for sovereigns, but that isn't private, is it?
"Do you have the faintest idea what that actually means? The 'resource constraint' in question is whether you've rounded up all the Jews yet and taken their money, or if there's still more to steal.
I find the term _modern_ monetary theory to be absolutely laughable. It's not modern at all, it's just a rehash of some very old antisemitic claptrap.
Clue for you: there is no magic money tree, the Jews aren't stealing the fruit, and so gassing them won't actually help everyone else pig out on the fruit instead."
Do you actually know what MMT is? Please provide a link where you got the above idea...
Biting the hand that feeds IT
