The Dirty Secret About Fiat Currency Printing and Taxes.

in #steemleo • 4 years ago

Today I will talk about why in our current fiat-currency system taxation is so important and why the idea that the government could just print endless fiat currency and not have to tax the public is not possible unless we want to live in a world of rampant currency debasement or inflation.

"What Has Government Done to Our Money?" by Murray Rothbard: https://mises.org/library/what-has-government-done-our-money

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#markets #economics #money #currency #inflation #credit #centralbanking
4 years ago in #steemleo by
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     4 years ago 

    I think governments are corporations which pursue their body to grow. they never intend to shrink by themselves. That's why John Locke called them Behemoth.

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