Government spending / Debt / Inflation another form of taxation.
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Government spending / Debt / Inflation another form of taxation.

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    Icy
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    Default Government spending / Debt / Inflation another form of taxation.

    If you had doubts in the debate that national debt (government spending) was another form of taxation. This will probably help close them.

    Funny Money: Pundits float $1 trillion coin as answer to debt-ceiling standoff | Fox News

    Mint what they want and then just stick it to the American people to have less buying power because of that new money circulating in the economy.

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    gn7
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    Quote Originally Posted by Icy View Post
    If you had doubts in the debate that national debt (government spending) was another form of taxation.

    Mint what they want and then just stick it to the American people to have less buying power because of that new money circulating in the economy

    Inflation is the one form of taxation that can be imposed without legislation.
    Milton Friedman

    Inflation is taxation without legislation.
    Milton Friedman



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    Icy
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    Quote Originally Posted by gn7 View Post
    Inflation is the one form of taxation that can be imposed without legislation.
    Milton Friedman

    Inflation is taxation without legislation.
    Milton Friedman
    This is more than that.

    It's like a tribe and the chief has all of unicorn horns. Unicorns are extinct, but the chief has an unlimited supply because they are not real and he makes them when nobody is looking.

    There are 1000 unicorn horns in circulation, the chief wants a nice house so he pays every in the tribe of 50 an average of 10 unicorn horns for helping and selling raw materials to build it. Now their are 1500 unicorn horns, the chief got his house but what did the tribe people get? They got a currency that was diluted by 50% and labored on the chiefs house and sold good for diminished buying power. It's more than just inflation.
    Last edited by Icy; 01-08-2013 at 01:04 AM.

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    Quote Originally Posted by Icy View Post
    This is more than that.

    It's like a tribe and the chief has all of unicorn horns. Unicorns are extinct, but the chief has an unlimited supply because they are not real and he makes them when nobody is looking.

    There are 1000 unicorn horns in circulation, the chief wants a nice house so he pays every in the tribe of 50 an average of 10 unicorn horns for helping and selling raw materials to build it. Now their are 1500 unicorn horns, the chief got his house but what did the tribe people get? They got a currency that was diluted by 50% and labored on the chiefs house and sold good for diminished buying power. It's more than just inflation.
    I will take it further then that. Money is time. Humans live a finite amount of time. When you steal our money, you steal our time, which equals part of our life. If you steal enough money you have now stolen our life. Steal enough money and the sentence is, your life. This would easily put an end to this white collar crime spree unleashed upon the U.S. citizen by our own government. Voting records would clearly illustrate who was or was not invloved in the theft.

    When this concept is accepted mainstream, results will follow.
    Last edited by Carlson-jet; 01-08-2013 at 03:45 AM.
    The government's monetary role is to maintain the integrity of the monetary unit, not participate in fraud

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    gn7
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    Quote Originally Posted by Carlson-jet View Post
    I will take it further then that. Money is time. Humans live a finite amount of time. When you steal our money, you steal our time, which equals part of our life. If you steal enough money you have now stolen our life. Steal enough money and the sentence is, your life. This would easily put an end to this white collar crime spree unleashed upon the U.S. citizen by our own government. Voting records would clearly illustrate who was or was not invloved in the theft.

    When this concept is accepted mainstream, results will follow.
    I a have maintained all along that between the governments spending/taxes and the "free rides" we all nothing more than slaves to those ON the system.
    Your right, too much of our time(or money) is spent supporting the system.



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    Icy
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    Even more, now the tribes people have less raw materials to go around so the prices go even farther up. All because of something fake!

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