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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: SilentZ who wrote (629939)9/29/2011 6:49:06 PM
From: Tenchusatsu3 Recommendations  Read Replies (3) | Respond to of 1576376
 
Z, > The govenment is the onethat actually creates money. It should have the ability to make some of the decisions of how it's apportioned. And of course it's going to be used in ways that you or I don't agree with.

So everything you own actually belongs to the government because the government has the ability to create and print money?

> It's a good example of a country with a very weak central government with little taxation, which is the libertarian dream, no?

Then why don't you move to North Korea, which is the socialist dream, no?

See how easy that was?

Tenchusatsu



To: SilentZ who wrote (629939)9/29/2011 7:20:28 PM
From: d[-_-]b  Read Replies (1) | Respond to of 1576376
 
The govenment is the onethat actually creates money.

Worked out really well in Greece.



To: SilentZ who wrote (629939)9/29/2011 7:22:57 PM
From: i-node2 Recommendations  Respond to of 1576376
 
>> >The govenment is the onethat actually creates money. It should have the ability to make some of the decisions of how it's apportioned. And of course it's going to be used in ways that you or I don't agree with.

A fundamental misunderstanding of our monetary system. The government does NOT create money.

Money is created by productivity. Only. When a barterer buys a product from other barterers, money is created.

Governments can borrow money, receive it by taxing, and spend it. That's it.