Keeps your misunderstanding going and allows the politicians an excuse not to do anything. And you think that works better?
I donāt misunderstand anything you have said. I just donāt agree with a lot of it.
It has worked very well for me so far and continues to do so.
Not agreeing with me is different then denying the way monetary operations actually work.
What has worked well for you? Equating a household budget with a federal government budget. And thinking that they operate the same.
This thread is starting to amaze me. Donāt get me wrong, Iāve been way to persistent in other threads, but this one just seems like a circle jerk.
My understanding of economics and money.
Respected economists and those more successful than you by a wide margin think you are full of shit.
On a personal level but not a federal level.
So why donāt they debate about it. Oh wait, they already did. Austrian economics vs. MMT
And with that I have heard enough.
Yes, why watch the debate? You already know it all.
Then what is the purpose of taxes?
Taxes are what drives the currency. Try paying your taxes in another form, then let us all know how it goes. It also hedges against inflation.
thatās circular. You say āThe federal government creates currency by the power of the purse. It does not need revenue via taxation.ā Then you are saying taxes are what drives the currency and that currency is needed to pay taxes.
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Because, I am sure it is more drivel like we have heard from you. My death metal is currently taking precedent.
It isnāt worth it. He thinks he has some revolutionary thinking of how taxes and the federal reserve work and he doesnāt.
Are you suggesting @castoli doesnāt work?
Do washing machines work?
I am sure he tries hard.
Iām not sure I understandā¦
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Zep doesnāt. He has some sort of disability/illness. I canāt remember exactly which one he has.
I am not sure I understand your misunderstanding.
Makes a lot of things make sense.
Why was āAustrian economicsā enough?