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The US doesn't go into debt to pay for things. It goes into debt to create money. It doesn't tax to get money. It taxes to destroy money.
by TheCoelacanth 5y ago
The US doesn't go into debt to pay for things. It goes into debt to create money. It doesn't tax to get money. It taxes to destroy money.
- ubercow13 5y agoWhere is the money created? The bonds they issue are bought with money that was already in circulation.