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Where does the government get money from? The tooth fairy?
by MomoXenosaga 5y ago
Where does the government get money from? The tooth fairy?
- dragonwriter 5y ago> Where does the government get money from? Assuming its a government that operates in its own fiat, it creates it. It may engage in play-acting to pretend that it is working in an external currency where spending must be balanced by revenue plus borrowing, but that is just a fiction and residual habit from a time when it worked in something other than fiat.
- thatguy0900 5y agoThe costs of the money robbed is so far removed from the individual customers who use that bank that it's just as absurd as saying the government gets money from the tooth fairy.