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Old 12-22-2017, 12:48 AM   #231 (permalink)
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Who is this person that keeps making fake accounts?
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Old 12-22-2017, 12:50 AM   #232 (permalink)
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No such thing as a fake account
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Old 12-22-2017, 12:51 AM   #233 (permalink)
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nigga watch another zeitgeist video on youtube before you try to respond to me
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Old 12-22-2017, 01:34 AM   #234 (permalink)
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Quote:
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taxes are necessary to pay for govt
WRONG. Government, as an institution, is a coalescion of powers. It requires no funding. PROJECTS require funding.

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thus some value must be extracted from society to do so
Says the greedy queen to the pawn

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the only scenario in which "printing their own money" would stop them from having to tax us is one where they print money for themselves to spend directly, inflating the currency which then inadvertently taxes us all
That scenario would cause no inflation. Cutting out the middle man is too hard for some to handle, especially those who benefit from that middle man.
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Old 12-22-2017, 01:55 AM   #235 (permalink)
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WRONG. Government, as an institution, is a coalescion of powers. It requires no funding. PROJECTS require funding.
If the "powers" are to actually do anything, it requires money


Quote:
That scenario would cause no inflation. Cutting out the middle man is too hard for some to handle, especially those who benefit from that middle man.
.... If they didn't use tax money to pay for govt projects but instead money they printed, then that money gets added to the money supply, which inflates aka decreases the value of said currency

learn 2 economy
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Old 12-22-2017, 02:09 AM   #236 (permalink)
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If the "powers" are to actually do anything, it requires money


.... If they didn't use tax money to pay for govt projects but instead money they printed, then that money gets added to the money supply, which inflates aka decreases the value of said currency

learn 2 economy
It depends where said money ends up. You're assuming it will end up back in banks, rather than in circulation. If it stays in circulation, all is well. Inflation only harms the economy [in this scenario] when the money is put in banks, or when individuals hoard insane amounts of cash.

And yes, I know that those banks can then LEND said money and help Jimmy and Johnny, and blah blah blah, but that is not what we are talking about. And that strawman scenario can be burned to the ground when all of the citizens go to the bank and try to withdraw their money, but it isn't there. But I digress.
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Old 12-22-2017, 04:05 AM   #237 (permalink)
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Old 12-22-2017, 04:20 AM   #238 (permalink)
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Wait. Whut? You peeps not getting the monthly MB payment thingy from your bank account?

WTF?
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Old 12-22-2017, 06:49 AM   #239 (permalink)
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If the government printed its own money, there would be no reason for federal taxes.


I wonder why nobody has ever thought of this. Mo money means no debt.
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Old 12-22-2017, 07:47 AM   #240 (permalink)
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Anyone care to wager a guess who owns the central banks or created this system of usury?
Dem Jews?
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