3 ms·
> a government that is the source of its own fiat money doesn't need to borrow it. Sounds like a Magical Money Tree. I too could be the source of my own curre
by npongratz 7y ago
> a government that is the source of its own fiat money doesn't need to borrow it.
Sounds like a Magical Money Tree.
I too could be the source of my own currency (as could you, or a bank, or another business), thus would not need to borrow my currency to pay for the goods and services I desire.