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by rout39574
1663 days ago
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If you don't intend to be hyperinflationary, the printing of money has to be associated with the acquisition of value or the assumption of debt. The debt is repaid through taxation. Grandparent comment is referring to the position that taxes are extracted via threat of force. This is an extremely emotionally fraught position, and it's difficult to discuss rationally. So, the reasoning goes, if you have to tax to print money, it is done by resort to force or threat thereof. |
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