This guy is financially illiterate and should not go into business. Taxes are not about funding government, public services or infrastructure. They print money for that. In modern money theory, taxes are used to control inflation by reducing money in circulation. Government has already stolen those money from you prior to taxation by the act of running the printer to make money that are not backed up by anything (debt) and devaluing your savings (inflation).
This system has been in place for a hundred years and normies still can't wrap their heads around it. Amazing.
MMT maintains that the level of taxation relative to government spending (the government's deficit spending or budget surplus) is in reality a policy tool that regulates inflation and unemployment, and not a means of funding the government's activities by itself. MMT states that the government is the monopoly issuer of the currency and therefore must spend currency into existence before any tax revenue could be collected.[1] The government spends currency into existence and taxpayers use that currency to pay their obligations to the state.[2] This means that taxes cannot fund public spending,[3] as the government cannot collect money back in taxes until after it is already in circulation. In this currency system, the government is never constrained in its ability to pay,[3] rather the limits are the real resources available for purchase in the currency.[3]
If you want the scoop behind the history of banking and central banking then:
taxes are used to control inflation by reducing money in circulation
a) Taxes imply suggested information aka a self imposed burden (debt) if consented to.
b) Inflation implies ones growth of discernment within perceivable inspiration...unless ignored for suggested information.
c) Circulation implies circular thinking (logic) turning into conflicts against others (reason) when consenting to suggested information.
d) Reducing implies the process of dying sustaining living growth...unless ignored by burdening self with the suggested information by another.
e) Money aka m-one-y (my one) implies the suggesting one gaining control over the consenting one.
Holding onto suggested currency, while ignoring perceivable current permits others to utilize money velocity to make profit/prophet aka pro (forwards) bha (to speak)...consenting to what others speak forwards implies authoritative sanction aka FIAT (let it be done).
This guy is financially illiterate and should not go into business. Taxes are not about funding government, public services or infrastructure. They print money for that. In modern money theory, taxes are used to control inflation by reducing money in circulation. Government has already stolen those money from you prior to taxation by the act of running the printer to make money that are not backed up by anything (debt) and devaluing your savings (inflation).
This system has been in place for a hundred years and normies still can't wrap their heads around it. Amazing.
Do you have a good redpill book on this? I'd say 90%+ people believe taxes are used for all these things.
Any book on Modern monetary theory. This is mainstream knowledge and even the wiki page says it openly: https://en.wikipedia.org/wiki/Modern_monetary_theory
If you want the scoop behind the history of banking and central banking then:
A History of Central Banking and the Enslavement of Mankind by S. Goodson (audio: https://www.youtube.com/watch?v=uMuXQJIfmLI&list=PLZ7GdlPK75_tXJYVzkCId2SYEjBLjnU9E)
E. Mullins - Secrets of the Fed
G. E. Griffith - The Creature from Jekyll Island
Great information. Thanks
a) Taxes imply suggested information aka a self imposed burden (debt) if consented to.
b) Inflation implies ones growth of discernment within perceivable inspiration...unless ignored for suggested information.
c) Circulation implies circular thinking (logic) turning into conflicts against others (reason) when consenting to suggested information.
d) Reducing implies the process of dying sustaining living growth...unless ignored by burdening self with the suggested information by another.
e) Money aka m-one-y (my one) implies the suggesting one gaining control over the consenting one.
Holding onto suggested currency, while ignoring perceivable current permits others to utilize money velocity to make profit/prophet aka pro (forwards) bha (to speak)...consenting to what others speak forwards implies authoritative sanction aka FIAT (let it be done).
US is way too high. And France doesn't count as a country anymore