Commentary by Roger Erickson
U.S. Budget Deficit Shrinks as Revenues Rise
Be still my beating heart! These idiots don't grasp that:
1) pubic "deficit" = private financial savings?
2) public "revenue" = claw back of it's own currency, previously issued to citizens?
See p.35 here; to a fiat currency issuer "Taxes for Revenue are Obsolete" WRITTEN IN 1946!!! We weren't always this ignorant!
To err is human. To really screw up requires willful institutional ideology?
Showing posts with label taxes are not revenue to an issuer of fiat. Show all posts
Showing posts with label taxes are not revenue to an issuer of fiat. Show all posts
Monday, August 12, 2013
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