davel [he/him]@lemmygrad.ml to Breadtube / Leftube @lemmygrad.ml • 1 year agoSecondThought: Why The Government Has Infinite Moneyexternal-linkmessage-square28 fedilinkarrow-up152 cross-posted to: socialism@lemmy.ml
arrow-up152external-linkSecondThought: Why The Government Has Infinite Moneydavel [he/him]@lemmygrad.ml to Breadtube / Leftube @lemmygrad.ml • 1 year agomessage-square28 Commentsfedilink cross-posted to: socialism@lemmy.ml
minus-squareAfricanExpansionist@lemmy.mlhexbear3·1 year agoThey maintain demand for the currency. We can't pay our taxes with anything but fiat. Bastards wouldn't take my dozen head of cattle 😢 linkfedilink
minus-squaredavel [he/him]@lemmygrad.mlhexagonhexbear2·1 year agoThey also tax to manage inflation and wealth inequality. linkfedilink
They maintain demand for the currency. We can't pay our taxes with anything but fiat. Bastards wouldn't take my dozen head of cattle 😢
They also tax to manage inflation and wealth inequality.