WBTM on Nostr: Governments aren't really funded by taxes; that's just an illusion. The math is ...
Governments aren't really funded by taxes; that's just an illusion.
The math is clear. The U.S. government mainly gets its money by issuing #bonds or #treasuries, mostly bought by the Fed, which can print money to buy them without producing anything.
Taxes make it seem like we're funding the government, but the real cash comes from borrowing and printing.
#NayibBukele said it clearly: this keeps the system going while hiding the truth about where the money really comes from.
Published at
2024-06-10 06:35:03Event JSON
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