Sigh - why must people who are on the same page disagree? Where did I state, suggest or otherwise hint that printing money "create value"?
What I actually said is that FedGov can print (that is, counterfeit) as much money as they like, and force others, like OPEC, to accept all of it with a gun pointed at their collective heads.
When this power dynamic fails, the dollar fails. But until then, FedGov doesn't need anyone's tax dollars to continue operating the empire. It doesn't need citizens, it doesn't need productive, creative thinkers/workers. Rather, it needs boots on the ground to maintain the status quo.
Sigh...
You said the govt doesn’t need productive taxpayer money, because it can print money. That equates productive taxpayer wealth (value) with paper printed at will.
Now you’re repeating the error, just moving the marker a notch. You’re saying the govt needs only to force, to use “boots on the ground.” This suggests that war is a practical substitute for trade, force a practical substitute for voluntary commerce, and that therefore war creates value.
Well, it does not. It’s wasteful, destructive, and terribly expensive. It cannot be sustained for long.
Saying the govt “doesn’t need citizens, it doesn’t need productive, creative thinkers/workers. Rather, it needs boots on the ground to maintain the status quo,” is like saying we don’t need to breathe to maintain the status quo.
And what I’m saying is, if the taxpayers would stand down and quit supporting the government financially, the government would very quickly become responsive to their demands. There is no practical alternative for the government.
Sigh...
You said the govt doesn
Excuse the typos, I am not responsible for what the touch pad does in Windows8 ;)