What is the source of all value? The stream of energy that flows through each person and what they chose to do with it
A government has direct access to that value via taxation, therefore when it comes to borrowing a government should be the end of the line and it needs not borrow from anyone or anything
Government funding should be completely effortless by monetizing its own bonds interest free and creating no government debt ever, infact it should be unlawful for a government to go into debt
This guy's great - I might try asking a shop if they will accept irredeemable promissory notes from a private bank
matthew376 1 year ago 2
What is the source of all value? The stream of energy that flows through each person and what they chose to do with it
A government has direct access to that value via taxation, therefore when it comes to borrowing a government should be the end of the line and it needs not borrow from anyone or anything
Government funding should be completely effortless by monetizing its own bonds interest free and creating no government debt ever, infact it should be unlawful for a government to go into debt
Danster82 2 years ago 2