Saturday, March 21, 2020
  More pointless thoughts

Another pointless random thought after reading some rational discussion at Wolfstreet.

Governments that depend solely on debt are FREE TO SHUT DOWN THE REAL ECONOMY any time they want to. The government doesn't need the people, doesn't need business, doesn't need a country.

Governments that depend solely on taxes WANT TO KEEP THE REAL ECONOMY RUNNING.

I first realized this in 2008, and it's blazingly clear now by comparing Russia versus USA.

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  8:31 AM


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