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by risk000
1815 days ago
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Money doesn't come from taxes and debt. It is created de novo within a computer system. It is conceptualized, according to intellectual paradigms, as originating as a 'debt' and being "paid back" by taxes.
But this accounting is fallacious. There is a movement in economics called MMT which is going to challenge these paradigms. https://www.youtube.com/watch?v=1AyT9zftNrE |
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