this post was submitted on 22 Sep 2023
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SecondThought: Why The Government Has Infinite Money (www.youtube.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 3 points 1 year ago (1 children)

They maintain demand for the currency. We can't pay our taxes with anything but fiat. Bastards wouldn't take my dozen head of cattle ๐Ÿ˜ข

[โ€“] [email protected] 1 points 1 year ago

They also tax to manage inflation and wealth inequality.