Why produce anything meaningful when the government can just print more money and force you to pay taxes on your produce?
Questions I never can get an answer to
Discussion
Or equivalently why I am paying taxes if the government can just print money 🤔
we're gonna hyperinflate anyways.
why not accelerate
they should just print it out already
fuckit
I mean the more they print the more btc pumps theoretically they could print enuff money to make it impossible to buy bitcoin.
1. Mint a 34 trillion dollar coin at the treasury, mint it from 2,000 lbs. of horse manure.
2. Deliver it to the Fed say this squares up the debt.
3. Tell anyone that thinks the US gov owns them anything to show up at D.C. and the treasury will mint a commemorative version of the coin just for them.
4. Party!
Exactly
The government uses taxes as a way to reduce monetary inflation. Think about it: issue bonds, borrow Fed money, spend, the monetary inflation affects everyone equally in proportion to their fiat holding. It's regressive. Then, collect taxes and destroy some of the printed money by paying down debt. You get to reign in some of that inflation and also decide who benefits from it the most. Progressive taxes are supposed to ensure that modulation of inflation benefits the bottom people more, who are affected by inflation Kore because they don't hold Jon money assets. Of course, we always see ways to avoid taxes for people with complex finances, so it never works that way.
Well, because I prefer doing stuff I like for living. Having fun while mining fiat and stacking sats.
Fair enough.
The government has become a self licking ice cream, it does not need to help create jobs or growth (in its mind), but only looks after its own existence.
However as people we need a purpose, something into which to pour our energy and creativity. That which allows us to fulfil who we are.
It is from this point of view that perhaps we should produce meaningful things and strive. To give up and just lie there is to allow the government to win.
I've been totally black pilled by this logic lately... I don't want to 'produce' anything that will just be taxed unless it's something I really want to do. Anything less is just allowing myself to be enslaved.
Sorry 😂
I am Christian so I do believe we should work hard and provide for family and community.
My point is more that it sure seems like we working for the government and not for ourselves.
