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> Why do they need reserves? Abolish all federal obligations this would result in the country having no money to pay for a proper functioning goverment. who i
by kazen44 3y ago
> Why do they need reserves? Abolish all federal obligations
this would result in the country having no money to pay for a proper functioning goverment.
who is going to pay all govermental employees? the police, the army etc if the country has no reserve currency?
- johngladtj 3y agoOnce you cut of all the non essential expenses and handouts you'd be surprised at just how little money is needed to run a state
- neuromanser 3y agoSee the Mad Max trilogy for a study in cut-down government expenses.
- toyg 3y agoThis is how you end up with bands of military and police extracting "road tax" as they see fit. Iraq circa 2004 is not a good model.
- Daishiman 3y agoThe top 3 expenses of any modern contemporary state are: 1. Retirements funds 2. Health care 3. Education No program that seriously contemplates cost reductions can do without cutting back with these. Guess who the beneficiaries of these expenses are.
- johngladtj 3y agoLike I said, unnecessary expenses.