Cryptocurrency is but the latest form of debt or fictitious #capital, i.e., capital with a claim on real (intrinsic) value generated by human labor in the future. It is attractive to the oligarchs for speculation, gambling and swindling, as has been demonstrated amply in the #Bankman-Fried affair.
03.12.2024 16:44 β π 0 π 0 π¬ 1 π 0
Trump will launch tariff war to defend dollar supremacy
Countries in the BRICS group must make a commitment not to try to create an alternative to the US currency or face the imposition of 100 percent tariffs.
Calls for creating a βstrategic #bitcoin reserveβ and the affinity of the incoming president for #crypto financial assets with no intrinsic value as an answer to the US debt crisis, recalls the saying: βWhom the gods would destroy, they first make mad.β www.wsws.org/en/articles/...
03.12.2024 03:52 β π 1 π 0 π¬ 1 π 0
Thomas Scripps of the WSWS Inter'l Editorial Board, has written a detailed and carefully sourced account [posted below] of Gerry Healy's family and the political situation during his childhood. Scripps' work exposes Beatty's falsification of the historical record. 1/
29.11.2024 12:39 β π 17 π 7 π¬ 1 π 1