Yes. Under both that name and “inflation.”
Wherever it leads-not to a bunch of distractions.
How?
I’m amazed that someone who believes money only has value because of the threat of violence wants to give government more control.
No, I’m saying they are not in-depth as reading a book, jerkoff!
Did your taxes go up to pay for the conflicts of the U.S.?
It leads to the corruption started by the corporations under the economic system of capitalism.
If the government didn’t pay the defense contractors for weapons, who would?
It is not my system but THE system. You actually believe that because money has no intrinsic value, it has no value at all?
I agree. Given the choice of reading your posts or jerking off, jerking off would be time better spent.
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Well glad you admitted to it.
At least it would produce something in the end.
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Believe me: I know it’s not your system.
No. I believe it has value as a medium of exchange. You believe it only has value because it can be used to pay a fee to not be imprisoned.
Taxes give the currency value. Everyone needs it to pay said fees. This is why the U.S. can still sell bonds, the investors know they will get paid. It may not be a lot but it’s as close as you can get to guaranteed.
Maybe it’s because the U.S. is an(maybe the only) economic superpower. South Sudan can’t tax its people out of starvation.
Not for long. The BRICS+countries will eventually take over, I believe.
That has absolutely nothing to do with what was being discussed. The point was, being an economic superpower gives US currency value. If other currencies become more valuable, that will be because of the production that backs them; not because of taxes. Again: South Sudan can’t tax itself(or inflate itself, since you don’t recognize inflation as a tax) out of poverty.
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No, it does not! Taxes give the currency value as it is needed by a lot of Americans.
South Sudan’s currency used to be pegged to the U.S. dollar. If that is the case them I would agree with you. However, I believe they floated their currency-which is better than pegging you currency to someone else’s. Also their economy relies heavily on oil exports. I believe it is somewhere upwards towards 95%. What happens to your economy if oil goes south? If South Sudan has a free-floating fiat currency then it can get itself out of poverty and the amount of taxes collected wouldn’t’ be the determining factor.
When have I said this?
Sure they will. One big dysfunctional family whose members couldn’t organize a closet. Some of them haven’t figured out that shitting in public or rape are bad things.
How?
If it is not tethered to anything like gold or another nation’s currency and is free-floating then this nation would only be constrained by resources, not money. It has more latitude with what it can do.
Like the U.S. It seems to have very deep pockets for war but the “How ya gonna pay for it” question rears it’s head when trying to fund social programs. This country could end homelessness, provide healthcare for everyone and other things but CHOOSES not to. It would rather spend money on things like war. Vote for a Dem or Rep and you’ll get the same thing, as always.
The only thing that would be standing in their way is… they’re intellectually challenged.
No, it would be their ignorance in economics. They really could use Fadhel Kaboob from Denison to guide them.
They’re retarded. Literally.
All they need are a couple fancy hotels and some Eco-tourism Safaris.