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The Schizophrenia of Fiat | The Pysh Series | Episode 3 (WiM074)
The "What is Money?" Show
The Law of Decimation
Li: Governments can just siphen off of their tax pase now through inflation. It's almost the incentive to create more dependency on government. In a hard money world, tax bill has to be consentially negotiated and it has to be visible. If you don't send up a balanced budget, meaning like you your spending a this is higher than the tax receipts,. That's anced the people that are passing it are not eligible for re election or there's a lottery a of no one can control.
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