Let's discuss the environmental cost of the US dollar. Because despite all the push for sustainable and green investment in the government, there's a giant smoldering Chernobyl sitting at the heart of Washington which a lot of investors would prefer you remain quiet about. 🧵 (1/
TLDR on the US dollar and government spending: It's a pyramid-shaped investment scheme backed by the collective delusion that value can created out of nothing by convincing greater fools to borrow more money after you do. (2/)
That alone is sufficiently awful on its own merits, but on top of this the environmental damages of the US dollar and associated military industrial complex are enough to make even Greta Thunberg weep at the pointless waste of it all. (3/)
The underlying technology of US dollar is based on the notion of "printing", a technical term for a process that keeps the government running and processing transactions. (4/)
I won't cover the details of the algorithm, suffice it to say the premise of US dollar printing is to prove how much economic productivity you can waste, and the more productivity you can waste, the more votes you can probabilistically secure in exchange for your waste. (5/)