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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (63600)3/30/2018 10:06:52 PM
From: bentway  Read Replies (1) | Respond to of 361081
 
I'm not sure your accounting education covers states that can print fiat money. It's a continuum, a spectrum that runs from the US to Zimbabwe. As long as people BELIEVE, we can print as much as we like.

'Deficits don't matter. Reagan taught us that!'

--Dick Cheney



To: i-node who wrote (63600)3/30/2018 10:10:24 PM
From: koan  Read Replies (1) | Respond to of 361081
 
How about explaining that so I can get on the right page.

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Taxes are not the cost of civilization. The cost of civilization is the amount spent by government, which is practically all places is far, far beyond the taxes that are paid.