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54 sats \ 2 replies \ @Undisciplined 20h \ parent \ on: Which is Worse: Taxes or Fiat Money? econ
I get you, but I think fiat currencies would fail much faster without taxing authority behind them.
Part of the demand for fiat is that people have to pay their taxes in it and a lot of the willingness to buy the bonds that are part of creating more fiat is knowing theft can be used to guarantee the nominal yield.
The root of the problem is government spending which can only be minimized by minimizing taxation of all kinds
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Maybe. I can see that being possible.
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