Dont disagree with what you said, but why does the system work like that? It happened when we went off the gold standard. The banks now operate in imaginary ter

Dont disagree with what you said, but why does the system work like that? It happened when we went off the gold standard. The banks now operate in imaginary terms. The reality is that since it's now imaginary, taxation doesnt exist. It can't exist, in fact the government must now give you money/services in excess of the taxation. If you aren't rich, you have a net negative taxation. The only people who pay taxes are the people who dont pay taxes, they can pass on the taxation cost to others. It's also why there will be a constant anti-taxation pressure. Why the rich will always be getting a tax cut. The not-rich already dont pay taxes or at least receive more than they pay. The only people who can receive cuts are the rich. The problem is that to avoid taxation, you put your investments into inflationary immune things. Real-estate, markets, bitcoin. Inflation is what pays for everything. Nobody is paying or even balancing budgets anymore. The only limit there will be inflation keeping the percentages in check. Jeff Bezos or Elon Musk arent billionaires, they simply have significant debt holding inflationary immune.