How Money Is Born Out of Public Spending and Dies by Taxes (2023)

2 pointsposted 2 days ago
by qnleigh

4 Comments

rijoja

a day ago

MMT or Magical Money Tree

FrankWilhoit

2 days ago

Now do how water is "born" by evaporation and "dies" by rain.

f30e3dfed1c9

2 days ago

You apparently disagree with the author's view. So what is yours? If money (N.B: "money," not "value") is not created by the government and secondarily by banks, how is it created?

FrankWilhoit

a day ago

Of course he is right -- on that level it is too obvious to state. I was picking up on the connotations of "birth" and "death", which somehow really itched me. Never mind.