Alexandria Ocasio Cortez is showing that she didn’t pay much attention in her economics classes – yes, her degree is in economics. For she’s trying to claim that a currency is a public good and in fact ought to be one. This being driven by a rather perverse idea that only governments should provide public goods.
No, a currency isn’t a public good. And there’s nothing at all to suggest that governments should or can be the only suppliers of public goods.…See More