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Old 10-29-2006, 12:49 PM
Cracker Cracker is offline
Waking Up
 
Join Date: Feb 2006
Posts: 36
Please explain how, in a 100% fiat based monetary system where the government can print as much money as they want to spend, the government ends up in debt?

I say that, not only is the tax an illusion but also, the government debt is an illusion as well. It is impossible for the government to be in debt within a 100% fiat monetary system controlled by the government.

No taxes, no debt.


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