Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: blueunicorn6

Obama showed that the money from taxes is not important.

The Democrats can just print money.

We only pay income tax so that the government has some control on us.

___________________________________________________

Yep...taxes are becoming a way to have some control over inflation. From a Revenue standpoint, it’s clear your Central Bank could purchase all your debt if it wished...forever. Does anyone think that The Fed would ever say “no” to Federal borrowing? You’d never get to even be Fed Chairman if the gov. thought you’d pull that kind of stunt.


12 posted on 12/27/2022 9:19:30 AM PST by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Bishop_Malachi

When you look at the Money Supply, it is evident the Fed is COUNTERFEITING! That’s the primary cause of inflation.


16 posted on 12/27/2022 9:25:26 AM PST by tired&retired (Blessings )
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson