Kayne on Nostr: Taxation under the current economic system serves as a control over inflation. Taxes ...
Taxation under the current economic system serves as a control over inflation.
Taxes get destroyed, all state and federal spending is new money printed by the centre bank.
Local city taxes get spent in the way that people think taxes work but state and federal taxes are destroyed to reduce the amount of money that exists.
It's been like this since the 1970s when the economic system was changed from gold/silver etc. backed currency to debt backed currency.
Published at
2025-04-27 08:19:40Event JSON
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