• Flying Squid@lemmy.world
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    2 months ago

    If you want to know why your “they create currency” argument is ridiculous, look up the Weimar Republic or what happened in Zimbabwe in 2007.

    • Waraugh@lemmy.dbzer0.com
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      2 months ago

      Their is a reason controlling the currency and removing money from circulation is important, I never discounted that but the federal government does not wait around to receive tax money before they decide if they have money to spend. They create new money to fund things and destroy the tax funds as they come in.