Varven@lemmy.world to Memes@lemmy.ml · 8 months agothe debtlemmy.worldexternal-linkmessage-square144fedilinkarrow-up1288arrow-down119
arrow-up1269arrow-down1external-linkthe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 8 months agomessage-square144fedilink
minus-squarevolodya_ilich@lemm.eelinkfedilinkarrow-up2·8 months ago…or, since the federal reserve creates money, they could do quite literally 100 strokes on a keyboard at the FED and repay the debt. A state doesn’t fund itself through taxes, taxes serve many purposes but funding a state isn’t one of them.
…or, since the federal reserve creates money, they could do quite literally 100 strokes on a keyboard at the FED and repay the debt. A state doesn’t fund itself through taxes, taxes serve many purposes but funding a state isn’t one of them.