The term limit is used in mathematics differently from how you are understanding it from vernacular usage. A mathematical limit expresses directionality toward an unreachable value.
The meaning of the statement is that every marginal augmentation of the money supply carries some marginal diminution of the currency value, without any possibility that the supply may be exhausted absolutely or the value annihilated.
Value is generated by work, but valorization is based on processes of use or exchange. Generally assets have intrinsic value. Fiat currency has no intrinsic value. Its value derives from the state assuring a demand for goods and labor, which will be purchased in the currency, from assuring the availability of investment assets, which will promise a return above an original value, and from regulating the supply, to assure that the values of ordinary goods will remain generally stable.
It is being claimed that JT, the creator of ST, supports Putin, due to JT’s view that the US and other NATO-aligned states militarily supporting Ukraine broadly serves to exacerbate the same trajectory of geopolitical tension that has helped enable Putin’s aggression.
JT has called for NATO weakening ties with Ukraine, and reversing its course of expansion, as part of a process for seeking stronger diplomacy between the West and Russia.
I believe he regards such a strategy as best supporting the long term interests of mitigating the incidence of armed conflict and gaining power for the working class internationally.
He has also criticized Ukrainian elites as prioritizing their own class interests aligned with foreign oligarchs, above the broader interests of the working class in Ukraine and elsewhere.
Much of JT’s rhetoric and many of his connections are ML, which has not helped him reach common ground with many outside such circles.
