DEADLY INNOCENT FRAUD # 1 – GOVERNMENTS MUST TAX OR BORROW IN ORDER TO SPEND

 
 
 
 
 

by The Deficit Saint

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Insolvency is never an issue with non convertible currency and floating exchange rates.

Government spending is NOT operationally limited or in any way constrained by taxing or borrowing.

the government taxes us, and takes away our money, to prevent inflation, and not to actually get our money in order to spend it.

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10/21/2009
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