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[–][deleted] 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (5 children)

Economist here, and not a dumb one.

TAXES HAVE NEVER BEEN NEEDED OR USEFUL. EVER. ANYWHERE.

Taxes serve one purpose and one purpose only: to keep people down. It is ONLY a tool of oppression, nothing else.

But how to run the government without taxes? Governments should be able to create ("print") money, and the first spend is theirs, for "free". Doing so is a universal "tax" of sorts on THE WHOLE ECONOMY. As such, it is the perfect tax. You're worth 100 billion? Well the % devaluation you've undergone is the same as everybody else, including the guy living paycheck-to-paycheck, so the dollar amount of the 100 Bn dude is much bigger.

This is a known fact of economics. You don't become an economist without knowing this. Your government knows this. They pretend they're stupid and can't understand these very very simple things, BECAUSE THEY ARE FOOLING YOU. It's a huge swindle.

Printing money for the first spend is the single most effective and efficient form of government financing, by far. It devalues the currency? Sure. What do you think has been happening with your currency? It's been... LOSING VALUE. It's lost almost all of it already. Oh, and then there's the debt. Because when the government prints their own money, THERE IS NO PUBLIC DEBT. But now the debt has become humongous while the currency has lost most of its value.

WHY? Because your currency has been printed by SOMEBODY ELSE then lent for interest to the government, who puts YOU THE CITIZEN on the hook for it.

And this is the reason why central banks are also referred to as "Banksterism". It's a huge scam and the only reason it's ongoing is that WE ARE GOING ALONG WITH IT.

[–]StBlops2cel_is_Lord 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

your currency has been printed by (((SOMEBODY ELSE)))

[–]Hadza 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

So inflation as the only form of tax, eh? Huh

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

It's better than inflation, taxation AND debt, right? Basically the taxation is only there to hide the fraud of central banking, under the cover of "well we need to tax in order to run our government, where else are we going to get the money?" which the people lap up and believe.

[–]wuzizname 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Wait a second - fuck that. If government could just print and spend as they saw fit then there would be no limit and no end to how much they devalue the currency - they'd be pouring money into all their pet projects without any limitations.. doesn't make sense to me.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

It would still cost infinitely less than what things cost right now.

What, do you think the government is HOLDING BACK??? What on Earth could make you believe this?

No, the government isn't holding back. They're spending YOU and YOUR FUTURE GENERATIONS into oblivion.

WITH BORROWED MONEY instead of printing their own. Can't you see that borrowing costs more, because of the interest, than printing? Moreover, when the government borrows US dollars from the Federal Reserve, the Fed prints... US DOLLARS. So the same amount of currency gets created, BUT AS A DEBT. Instead of just being created and spent. Now it's created, spent, AND OWED BACK WITH INTEREST.

When politicians say "we don't have the funding" they mean "that's not what our masters want, so no."

https://quotesgram.com/img/rothschild-quotes-on-money/1003439/