4min chapter

The "What is Money?" Show cover image

Is Sound Money the Answer? with George Gammon (WiM268)

The "What is Money?" Show

CHAPTER

The Federal Government Can't Print Money, Right?

Currently, the federal government has received about 18% of GDP in tax revenue. That does not include a deficit that the Fed is not involved in any way, shape or form. And then if you look at the additional spending as a result of local and state government, it's also 35%. So number one, that 35%, I think represents quote unquote big government.

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