they wont be able to print money to easily finance wars but they sure as hell can still put a gun to your head for taxes
Discussion
Until we successfully point out that they can generate as much or more income by using wealth based sources instead.
Thanks for the intellectual honesty.
So many try and skip over this!
The problems multiply. Now you need more soldiers to collect the taxes, to fund the soldiers to collect the taxes, etc.
Nothing like modern warfare is possible without Fiat money.