c/economics · by BlackTea@lemmy.world · 35dTax does not pay for government spending https://www.youtube.com/watch?v=xnYhGD7xNig-9 points · 1 comments · view on lemmy.world
1 Comments
shortwavesurfer@lemmy.zip · 1 pts · 34d
This video is mostly correct. However, if the government did not create fiat, then there would be no government fiat. That doesn't mean there wouldn't be money, because fiat and money are not the same thing.