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The Art of Monetary War

66 点作者 kawera大约 3 年前

7 条评论

nonrandomstring大约 3 年前
&quot;Money demands that you sell, not your weakness to men&#x27;s stupidity, but your talent to their reason.&quot;, said Rand who saw money not as an evil but an instrument of peace.<p>What worries me with talk of &quot;Monetary war&quot; is the transition of money as means of peace into a weapon.<p>Mark this, much as I detest Russia today and believe brutal sanctions are the way, we will all reap tyranny if banks are militarised.<p>First the central digital currencies will be used to cut-off &quot;terrorists&quot;, then companies who won&#x27;t play games, and eventually individuals with inconvenient things to say. Without some form of &quot;bitcoin&quot; [1] that evades authoritarian control, or a diverse basket of payments backed by legislation to prevent &quot;cashless hellholes&quot;, you&#x27;d better realise your wealth exists only at the whim of some unseen power.<p>[1] we _must_ evolve past PoW
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kkfx大约 3 年前
IMVHO people have completely forgot a thing: money have no tangible value. Money is a unit of measure of a tangible underlying. We choose something symbolic to trade it in place of physical goods being able not only to trade but to always have something anyone is interested in. That&#x27;s is. Consider money a value by itself is a psychological scam.<p>Monetary war is just a way to put pressure on an antagonist stating that it have less value than most people think.
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DeathArrow大约 3 年前
Reading this I came to some conclusions:<p>1.Weaponizing money could never happen if the money were still backed by something valuable such as gold or goods<p>2.The value of money is now based solely on thrust. If FED confiscated Russia&#x27;s money, this is a major blow to the dollar. Probably China and other countries are beginning to search for alternatives for US dollar for both trade and keeping their reserves. That would diminish again the trust in the value of the US dollar.
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jsnell大约 3 年前
&gt; Ukraine and Russia supply a third of the world’s wheat<p>That does not appear to be true, 2019 statistics [0] put it at 13%.<p>[0] <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;International_wheat_production_statistics" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;International_wheat_production...</a>
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mannanj大约 3 年前
So, our sanctions are again going to cause many thousands of innocent citizens to suffer while it does nothing towwards the leadership of Russia? Just like Iran right?
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munch117大约 3 年前
In the 20th century, Europe tried every strategy to keep the peace.<p>First, we tried deterrence. Touch a hair on my brother&#x27;s chin, and I&#x27;m going to give you a haircut you won&#x27;t forget. That didn&#x27;t work. Blew up in our faces, WW1.<p>Then we tried appeasement. That didn&#x27;t work. Blew up in our faces, WW2.<p>Finally we tried economic cooperation. Make everyone rich and interdependent, and they won&#x27;t want to go war. That worked spectacularly, and ever since we&#x27;ve been milking that successful strategy for everything it&#x27;s worth.<p>People are very eager to talk about how that strategy failed with Putin, but what they forget is that this is the only winning strategy there is.<p>We are switching over to deterrence now, but we&#x27;re doing it for lack of a better choice, not because it&#x27;s a winning strategy. If we had switched over to deterrence (or appeasement) earlier, it would not have fixed anything, it would only have changed the manner in which things went wrong.<p>&quot;But doux commerce—the notion that money talks, walks, and wants peace—is well and truly buried.&quot; I&#x27;m hearing the words of an American who&#x27;s still at step 1, deterrence.<p>It may be a long time, but eventually we will need to get back to the winning strategy.
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oneoff786大约 3 年前
I wonder how this article will read if someone just decides to kill Putin. The article is very pessimistic. To be fair, this hasn’t worked in Iran or North Korea.<p>But those are small nations. The fate of Russia over the next few years could easily determine the next hundred of geopolitics.
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