Varven@lemmy.world to Memes@lemmy.ml · 23 days agothe debtlemmy.worldimagemessage-square157fedilinkarrow-up11.08Karrow-down192
arrow-up1989arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 23 days agomessage-square157fedilink
minus-squarevolodya_ilich@lemm.eelinkfedilinkarrow-up6·22 days ago…or, since the federal reserve creates money, they could do quite literally 100 strokes on a keyboard at the FED and repay the debt. A state doesn’t fund itself through taxes, taxes serve many purposes but funding a state isn’t one of them.
…or, since the federal reserve creates money, they could do quite literally 100 strokes on a keyboard at the FED and repay the debt. A state doesn’t fund itself through taxes, taxes serve many purposes but funding a state isn’t one of them.