Varven@lemmy.world to Memes@lemmy.ml · 5 months agothe debtlemmy.worldimagemessage-square164fedilinkarrow-up11.09K
arrow-up11.09Kimagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 5 months agomessage-square164fedilink
minus-squarevolodya_ilich@lemm.eelinkfedilinkarrow-up6·5 months 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.