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

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)))