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Perversely, the government doesn't need to spend the tax money. The government can create money for whatever it wants. It can also simply destroy money, to fi
by klyrs 5y ago
Perversely, the government doesn't need to spend the tax money. The government can create money for whatever it wants. It can also simply destroy money, to fight inflation and/or the yawning wealth gap.
- burntoutfire 5y agoGiven how much USD is held by parties outside of US, a big part of the benefit of destroying USD would go to people outside of the country.