• TheFriar@lemm.ee
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      5 months ago

      Whatdoyoumean?! The govt obviously has so much money as to be able to put millions away for each and every person born! And that money isn’t even being used! Just $3M each, that’s just sitting there waiting for the right magic words to be uttered in a Bank of America in Lubbock, TX to finally be used! Of course money is infinite! They’re the ones printing it!

      • betterdeadthanreddit@lemmy.world
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        5 months ago

        Not even making that bit up, it’s established SovCit lore that pops up now and again. I’m a boat, you’re a boat, your mom is a barge lovely lady (and also a boat).

          • experbia@lemmy.world
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            5 months ago

            yes, they believe it’s one of the “in plain sight” pieces of evidence - that when you’re born, you have to have a berth (maritime) certificate that makes you like, property of the state or something because you’re recorded as “docking” with the country (which is actually a corporation that wants to own you and use your cache of money they hide from you that you receive at birth), and “they” get away with the ruse because us normal rubes just never think to ask if they said “berth” (maritime) or “birth” (reproduction). not even joking lmao

            it is a funny pun, too, but they really think birth certificates are, in fact, secretly “berth” certificates for them in maritime trade law, which they believe is the only real law, in which we are all like… sovereign vessels that have been duped into signing away our independence.

  • Leate_Wonceslace@lemmy.dbzer0.com
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    5 months ago

    Fun fact: The government doesn’t actually need to use taxes to pay for things. The amount of currency in the market isn’t fixed, and so the government actually is fully capable of “printing more money” however, this has the potential to cause rapid inflation. So, taxes are a way of reducing inflation, rather than paying for government services.

    • Trantarius@lemmy.dbzer0.com
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      5 months ago

      That’s assuming printing money is the default solution. Taxes have existed for longer than that. The earliest taxes were literally a portion of a farmers harvest. You can’t just print more food, or gold, or whatever else. Printing money to fund government was never really an option, so positioning taxes as a solution to inflation just doesn’t make sense. It’s like saying that instead of eating at a restaurant, you could eat roadkill, which you aren’t going to do because of disease, and therefore restaurants are a way of reducing disease rather than providing food.

      • Leate_Wonceslace@lemmy.dbzer0.com
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        5 months ago

        That’s assuming printing money is the default solution.

        I’m not operating with a model of solutions being “default” or not, so no it absolutely does not. What I’m doing is intentionally ignoring the historical context of how these systems developed to observe how they work in the present moment. Doing so allows me to understand the flaws of the model where money is viewed as a resource, rather than a pure social construct that exists in the minds of those who use it. Resources are limited by physical reality, whereas money flows like a clockwork river who’s source is infinite and who’s sink has infinite capacity. Changing the ammount of money available too much, too quickly, or in particular ways has negative consequences but it is possible. Resources don’t do that.

        Resteraunts are a way of reducing disease instead of providing food

        I’d say they have more to do with entertainment, but they do all of those, yes. It’s just a matter of perspective.

    • Jikiya@lemmy.world
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      5 months ago

      There is a Planet Money (podcast) episode about this. It’s a fairly new economic theory, but actual PhD level economists have said this. Government prints money, and to bring down inflation they need to get taxes to reduce the amount of money in circulation, to control inflation. The epidsode was in the 2019 timeframe, I think.

      Something that absolutely works in the abstract, but kinda hard to fit into my current model of reality.

      • Socsa@sh.itjust.works
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        5 months ago

        It’s not really abstract, it’s pretty close to how advanced economies already work in practice. Fiat currency is the proxy by which goods and services are valued and exchanged. It is the underlying goods and services themselves which actually have intrinsic value, and printing money doesn’t actually change that. Deficits are inflationary and surpluses are deflationary. Growth is deflationary and recessions are inflationary. Governments in these economies will always run deficits because you can’t have both growth and a surplus at the same time. At the end of the day macroeconomics isn’t balancing a spreadsheet as much as it is about balancing the money supply and economic activity.

        This is also why something resembling capitalism is pretty much inevitable in an advanced economy where scarcity is a factor governing economic behavior. If you are using a fiat proxy to mediate economic inputs and outputs, you will end up with market forces. Pretending you can centrally plan around that is naive, which is why harm reduction is the right strategy.

      • Semi-Hemi-Lemmygod@lemmy.world
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        5 months ago

        Except that money is put back into circulation through government spending, especially when they’re running the kind of deficits we see in the US.

    • AeonFelis@lemmy.world
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      5 months ago

      Taxation is a big part of the reason why fiat money has any value at all. By demanding to be payed with its own currency, a government can ensure that the bills it issues will always have demand (because people will need it to pay taxes) and therefore will always have value.

    • masquenox@lemmy.world
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      5 months ago

      “printing more money” however, this has the potential to cause rapid inflation.

      That only happens if you put all that money into circulation - if you were to, say, just give it away as a handout to the military or Israel… no inflation. Which is… exactly how they give handouts to the military and Israel.

      To think… they could just as easily spend that thumb-suck money on healthcare - but that won’t murder brown people, so they don’t do it.

      • Leate_Wonceslace@lemmy.dbzer0.com
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        5 months ago

        Since the USD is considered the world reserve currency, the government is capable of doing wacky shenanigans like that. Inflation, so long as the American people are insulated from it, could theoretically be used as a way to extract wealth from other nations. It wouldn’t surprise me to learn that they’re actually already doing exactly that.

      • exanime@lemmy.world
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        5 months ago

        That only happens if you put all that money into circulation - if you were to, say, just give it away as a handout to the military

        How do you give a handout to the “military” without putting that money into circulation?

        • masquenox@lemmy.world
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          5 months ago

          How do you give a handout to the “military” without putting that money into circulation?

          That’s the beauty of “trickle-down” economics - it doesn’t. Give it to the military and the parts of it that doesn’t get hoarded by MIC billionaires gets spent on things such as R&D and asset/infrastructure development and maintenance - there’s not a lot of that money “trickling” down and circulating amongst the general population.

          If you were to spend it on health infrastructure and development, the money will still not be “trickling” down - but the benefits will. A bunch of F-35s means next-to-zero benefits for people - but a functional hospital does.

          • exanime@lemmy.world
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            5 months ago

            Even so bud, every cent used in R&D is already in circulation

            Even the hoarded money, it’s not in an evil lair, it’s in some bank, in circulation, making money for the hoarder.

            It may have a slightly less inflationary effect but this money is as much in circulation as the single going into a strippers thong

  • gedaliyah@lemmy.world
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    5 months ago

    The forefathers were famed for their bake sales.

    Ben Franklin used to make a bundt cake that was to die for

    • dejected_warp_core@lemmy.world
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      5 months ago

      Not even that. All your state’s comptroller1 has to do is discharge debts made to the state, by writing “discharged with prejudice” with red pen on the DOT contractor bills. But this only works on pink collection notices, not normal paperwork. State stays out of debt and the roads stay paved.

      1 Yep, that’s a real word.

  • AeonFelis@lemmy.world
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    5 months ago

    Are SovCits against the concept of taxation in general? I thought they just convinced themselves they have loopholes that allow them to avoid it personally…

    • Buddahriffic@lemmy.world
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      5 months ago

      The ones I’ve seen posted here seem to want all of the benefits of living in a society without any of the restrictions or responsibilities that go along with it. Taxation is just one part of that.

      Some think they shouldn’t even have to pay other things, basically believing that there’s a part of loans that is voluntary and their esoteric knowledge means they can just get loans and not pay them back, which itself comes from a misunderstanding of how the rich use loans to get to spend their assets and keep them.

      That misunderstanding itself is that there’s an overall fair system in place, if you have the esoteric knowledge to use it, and you just have to know what magic words to use to make judges agree with you and police back off. They don’t realize that the rich following a different set of rules isn’t based on fairness under a secret system, it’s based on the soft power that comes with being rich and having the resources to make someone’s life better or worse with a phone call.

    • explodicle@sh.itjust.works
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      5 months ago

      Just sign up for corpo-pass! As you drive through the toll, your Zelle account will be charged automatically. You hereby agree to all fine print as you drive past it.