Is he wrong? Sure that will result in inflation. But will the inflation be worse than the amount of money that taxes take?
Governments can't print money without forcing banks to take on the additional liabilities (checkable deposits, very risky). To compensate, governments also give them liquid assets in the form of sovereign debt securities (treasuries, very low risk).So the better question he should ask is 'why tax when we borrow most of the money anyway'. But again, the answer is simple logic. How does anyone qualify for a loan? Having income. So what is a government's source of revenue? Taxation. Stealing from the citizens (or rather, the citizens' future current accounts), and giving it back to the rich banksters.
>>524376268yes hes wrong, hes great with crime and was really lucky putting a portion of the country reserves in bitcoin before the 3rd bull cycle but thats retarded, just print money bro sure that can work like in venezuela lmaostill the chadest president of the hemisphere that tells the un to suck dicks every day, pure chadian energy
>>524376268I'm pretty sure he's positing this as a reason why sound money is a good thing. Because money that is not backed by anything is just scrip.I've taken to calling fiat 'tax scrip' because the only truly irreplaceable purpose a paper/electronic currency that is not by statute convertible into some other good is paying taxes. The USD is ultimately valuable because Americans and American businesses have to pay taxes in it. If a business accepts payment in gold, they have to exchange some of that gold for an equivalent 'value' in USD in order to pay their sales tax, payroll tax, etc.
>>524376268>tax the people to pay back the bond/interest from printing that money. usury, simple as.
>>524376268Bitcoin will go to zero.El salvador will fall.The baddest prisoners on earth will mobilize against him and we will spend lifetimes fighting central America.
>>524376268Because otherwise the market punishes the government with inflation, if the jewish govt just decides to print money to pay for everything
>>524376268>>524377606The Bukele is a question on the reasons why the things are like this:"1.If the coloredpaper printing has value BECAUSE backed by a government, the government SHOULDN'T collect taxes2.If the value of the money is backed by the productivity of their citizen's paid taxes, gov't SHOULDN'T print the coloredpaper."NOT an affirmation that that should be done
>>524377807Returning to a gold standard, returning private mintage and not restricting private gold-backed currency (ownership certificates) is the only solution.Bitcoin tried to be that "gold standard", but shat the bed, because it's backed by internet math, so, essentially, nothing.
>>524376268He is making the point that fiat currency is totally worthless now that they can print as much as they want without having anything backing it. Not suggesting that they should actually do it.
To create demand for the currency, you fucking morons.
>>524376268Actually you're speaking of National Socialism now, and yes indeed it can work fantastically well AS LONG AS its correctly calculated.The economic policy side of NatSoc is to structure the economy in a way that disincentivizes parasitism like rentiering, and also shuts out foreign investors, keeping all the prosperity inside the nations borders, no international jew stealing the profits that your people worked for.Money will be printed debt-free interest-free by the State Bank and backed by labour, instead of the current central banking system where the money is created by "loaning" it from the jews, i.e. you are on the hook to jewish private bankers for the loan and its interest even though it came from thin air.>https://www.nationalists.org/pdf/hitler/manifesto-for-abolition-enslavement-interest-on-money-gottfried-feder.pdfTo put it simply, in the current system the state creates the money by "loaning" it from the jews, and "loan" in quotes because the money did not exist before that moment, yet you still need to pay the jew it "back" and with interest.Its almost like NFTs or something that I (jew) would give you (state) a jpg file of a $100 bill that i just made and then you would need to pay $110 of real dollars back to me.Anyway this is why jews are so afraid of NatSoc because that it would scrap that.This is how the state budget with a State Bank in NatSoc works:
>>524376268he should stop collecting taxes then, he is in charge of his country and can set the rulesprivatise all the prisons, find alternative revenue collection methods
>>524380245First of all you would have a set inflation target, like 1%, which you would increase the existing money supply each year.So let's say there is currently a trillion dollars in circulation, you'd print 1% of it* so ten billion dollars. That would then be used as part of your state budget you would pay it out as salaries as you would normally to state workers who build roads and doctor/nurse in hospitals and so on, thus injecting the money in the economy.Done this way, and nobody having to pay anything "back" to the jews, this would already cover if not all, then at least the lions share of your state's budget, and only what little is left uncovered by the printed money, would need to be collected by taxes thus RADICALLY lowering taxes and increasing the purchasing power of people.*or probably 2-3% something like that because inflation doesnt actually go 1:1 with the printed money, but lets keep this simplePeople really do not understand the scale of actually how hard we are being fucked like how many useless eaters we are upkeeping by slaving away its not just the MILLIONS of nonwhites we are upkeeping in our countries but on top of that the most hungry useless eaters are the banker and financier kikes that we buy superyachts megamansions airplanes and even private islands for, who never had done a productive day of honest work in their entire lives and never will as long as we live in capitalism/communism where they are allowed to use other people's labor, unlike in NatSoc where jews would go back to israel and only ever get what jewish labor can produce, wouldnt have access to the wealth and productivity of other nations and their peoples
>>524376647why does a government need to borrow from banks and why do rich banksters need to profit if they can create money? things that boggle the mind
>>524376268To keep up appearances
>>524377975Lmao they'll just kill all the prisoners
>>524380494It is so obviously the better system that is exactly why Gottfried Feder is not part of the curriculum even in economic schools, and why USA/UK/USSR kikes had to act fast to destroy Germany, because it was the type of pandora's box that you couldnt close if they didnt destroy Germany split it in half and force them to give up NatSoc, other peoples of the world would have seen its immense success and start to demand it too.And its the type of thing that once you try, you wont go back.Similarly how we will never go back to feudalism or serfdom today, if we had national socialism we would never come back to capitalism/communism and the jews would have lost their power forever.What would they do at that point? Honest work? All they have ever done is smuggling, money-lending and extortion, they can't do honest labor, they are parasites
>>524376268How much debt does El Salvador have right now?
>>524376268The simple reason is that printing money out of thin air succeeds in goal A and gives the government money, but fails in goal B of taking away your money. The purpose of taxation is strictly punitive, it is why vast swathes of the population are exempt from it and the only people who pay in are the people the government hates.
>>524377606He is a criminal, he just put the competition in prison.
>>524379910I think gold alone isn't possible at this juncture so they should go with some kind of basket of precious metals. Realistically though it won't happen until the fiat tax scrip model totally collapses. Right now there is no country actually offering convertibility to gold so there is no alternative to USD that does not have all of the same problems as USD.
>>524380494>inflation targetThis "good" target will still erode people's savings and purchasing power.You don't have to keep prices static - the state is far too stupid to achieve that. Let prices fluctuate based on the supply of real money.Fiat money needs to go. Simple as. End of.>>524380795Gold is still fine. The state can print its toilet paper, but it would have to compete with real money.Either it becomes obsolete or it adopts a gold standard of its own.The biggest obstacle is the state enforcing a its monopoly on money production.
>>524380660>your moneyTaxes are the cost of using the government sponsored money. You are being handed a medium of exchange with guaranteed purchasing power.People always complain about govt taking their money, but its not their money. They didnt create it the bank did. You dont want to pay tax negotiate alternate forms of payment with your employer.I dont support things as they are, but truth is everyone cries about jews but keep using their money. So nothing will really change even if you vote harder next time
>>524376268Government needs discipline.
>>524380725Don't you have some coca leaves to stop?
>>524376268Its the Jewish way - Create nothing and collect from the Goy.
>>524381999No, i made the money by turning aluminium sheets into pipes, and the government is a parasite that calls itself a host.
>>524380200No. Taxes serve as a way to prevent people from accumulating generational wealth. They need pressures to keep people in the grind.
>>524386060Just print money and gib it out to the poors instead of the rich.
