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Cake day: June 20th, 2023

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  • assassinatedbyCIA@lemmy.worldtoMemes@lemmy.mlthe debt
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    22 days ago

    The economist ewww. The limits to how much money you can print is defined by the productive capacity of your country. If you print more money to increase productive capacity then it’s generally not a problem. The debt is simply an accounting fiction at that point.














  • Lol

    In January 2020 Aerokurier published a report which stated that Lilium could not meet its stated aircraft performance goals and would only be able to fly for two minutes at a time.[41] The anonymously-authored report was dismissed by the company but later backed up by four German aerospace academics who wrote that Lilium was “using brilliant PR to create an illusory world to attract investors.”[42][43] In February 2021, Forbes published an article citing a number of former employees that stated the development of Lilium’s aircraft was “dogged by problems and that the flight test campaign made minimal progress.”[44]

    From the companies Wikipedia page.