if the government prints all the money why does it need taxes?
at least taxes made sense when we had a gold standard, because the government couldn't create money, it needed gold
..but with FIAT, how do taxes make sense? the government is printing the money, and then demanding that same money back
the US dollar technically isn't printed by the government
True. Its printed by Tether.
The central banks print money for banks, banks give out loans and government gets that money as tax
Why can't the US Treasury just print the money instead of the central bank? That way there wouldn't be arbitrary debt attached.
op is talking about seigniorage it doesn't matter who actually makes the fucking bills
And the answer is that it's for welfare.
OBESE CHOMO
the federal reserve is the central bank.
The US Treasury is neither of those things. Way to miss his point.
>t.
what the fuck was his point
fuck off you inarticulate piece of shit
they print money to make you poorer so you can't stop working
that's why inflatoin is measured against decrease in cost of (((consumer goods)))
gold is money
Why should the US Government borrow money at interest from the federal reserve when we could just have the US Treasury print the money without any debt attached?
Jeez how can you be an investor and not know the answer to this. Biz is definitely dead
He asked a question. There's no need to repeat it. Everybody understood except you, retard.
they can't give it away for free, you have to sell money in exchange for money, so debt
the federal reserve buying bonds is a shoring method.
most open interest in bonds is with banks and other institutions
his assumption that the question was based on was wrong, duning krugerlet
FUCK SALT
>he doesn't know that a global, rootless cabal of bankers control nearly all of the world's central banks and issue currency to governments that they then have to pay back with interest
>he doesn't know that anyone that tries to have their own autonomous and/or debtless currency becomes enemy number one of the world
Literally the largest scam of all time and nobody realizes how much buttfucking they receive throughout their entire life.
I actually know all of this and wanted to see if anyone would catch on
Time to go shill Bill Still videos on Jow Forums again
Go on an educate these plebs then, we have a large influx of plebbitards lately that know literally nothing about politics or finance except what the TV spoonfeeds them if you couldn't tell.
world basically held gether by mathematical speed chess
I tried educating some of my family members about how the debt money system is but they don't understand even when you break it down to them with the most simple of examples
>the government has a piece of paper
>government wants 1 million dollars
>government gives piece of paper to federal reserve
>fed says: here's your 1 million dollars, plus 1 million dollars debt :^)
>try to explain the government could just write the piece of paper themselves without the debt or without the federal reserve
I just want to know which crypto will save me from this hell, maybe buttcoin cash
>Why should the US Government borrow money at interest from the federal reserve when we could just have the US Treasury print the money without any debt attached?
because the kikes kill anyone who tries to do this
see JFK
they killed President Garfield too...and they tried to kill Andrew Jackson but he was too based for them and set the kikes back a decent number of years.
Usually normies start to think when you mention the 10x lending banks get away with and you tell them their 10k in the bank went to 100k of magical thin air money.
Isn't the current limit at like 492x leverage or something? I remember some banker on TV saying how we need to just get rid of the cap completely. Lending at 492x leverage just isn't enough for these kikes apparently.
the government directly spending the money supply sounds like a nightmare tier scenario
I'm glad none of you chucklefucks will ever get a say in how anything works
>the government directly spending the money supply sounds like a nightmare tier scenario
You realize that's what they did before 1913 right
Its up there, not sure the exact. It does tend to get people thinking though.
>I was born into this so it must be right
What if?
Instead of the fed lending money to regional banks at near zero interest rates, it loaned it to the people instead? If they default, then who cares, the fed's purpose isn't to turn a profit.
>it was gold so correctly issuing currency was easy
>there's a bond market so correctly issuing currency is easy
>Highways are expensive so they should be demolished and everyone should drive on surface streets
t. 80iq libertarian
t. (((Someone))) working for the FED
>happymerchant.jpg
oh no you caught me, shut it down teehee goyim know xD
>Highways are expensive so they should be demolished and everyone should drive on surface streets
Pretty sure the feds massive lending and interest rate scams fuck the roads up by stagnating the economy, not fix them.
it was an analogy
a bad one
I've tried to make some understand this but it only confuses them more. The debt bubble is unending because as soon as you take the loan you can never technically pay it back.
I've used this as an example:
>ask for loan of $100 dollars of new currency
>guy loans you $100 and asks for it to be paid back on top of another $1
>There is currently only $100 dollars in existence
>the only way to pay them back is with assets and they may choose whichever arbitrary value they wish based on the money that they lent
>literally giving away tangible assets and resources for worthless cotton notes
>sell out country into debt-slavery
>continue printing out more notes to cover previous debt deadlines
Sure you can. You just do it.