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It does depend on the policy, yes, but note that government backed (local) monopolies exist in other areas too. Like for example with hospitals, or with phone n
by est31 4y ago
It does depend on the policy, yes, but note that government backed (local) monopolies exist in other areas too. Like for example with hospitals, or with phone network operators.
- shkkmo 4y agoI'm not sure how this comment relates to the topic as we aren't discussing any sort of monopoly.
- est31 4y agoIf you have all the dollars then you have a monopoly on them. If the government forces people to pay their taxes in dollars you have a government supported monopoly. It stands and falls with the government's support for it, the connected regulations, etc.