3 ms·
It’s all printed money. Taxes are paid in USD. USD comes from... the government creating it from nothing. Tax revenue is old printed money. Bonds are future pr
by alexmingoia 6y ago
It’s all printed money. Taxes are paid in USD. USD comes from... the government creating it from nothing.
Tax revenue is old printed money. Bonds are future printed money. All government revenue is money they created.
- mr_toad 6y agoWhat I mean is that they don’t need to necessarily print more money, or at least print 100% of the debt.