Uriel238 [all pronouns]@lemmy.blahaj.zone to 196@lemmy.blahaj.zone · 9 个月前Is it?lemmy.blahaj.zoneexternal-linkmessage-square35fedilinkarrow-up1327arrow-down18
arrow-up1319arrow-down1external-linkIs it?lemmy.blahaj.zoneUriel238 [all pronouns]@lemmy.blahaj.zone to 196@lemmy.blahaj.zone · 9 个月前message-square35fedilink
minus-squarealcoholicorn@lemmy.mllinkfedilinkarrow-up1·9 个月前 That’s money (ideally) used to benefit everyone. Not really; the federal government prints money; they don’t tax you to fund programs, they tax you to reduce the monetary supply. State governments do have to be funded though.
minus-squarekillingspark@feddit.orglinkfedilinkEnglisharrow-up1·9 个月前Well, yeah, but because they don’t want to increase monetary supply to keep inflation in check they need to tax you to fund their programs
minus-squarealcoholicorn@lemmy.mllinkfedilinkarrow-up2·9 个月前They do increase the monetary supply though, in 2008 it was .9 trillion, in 2020 it was 6.4T, and now it’s 5.6T. Turns out inflation doesn’t quite work the way most economics courses teach. That may be related to the way billionaires fund a lot of university’s economics departments.
minus-squarekillingspark@feddit.orglinkfedilinkEnglisharrow-up1·9 个月前I didn’t say they aren’t increasing it at all, just that they aren’t doing it for all their needs.
Not really; the federal government prints money; they don’t tax you to fund programs, they tax you to reduce the monetary supply.
State governments do have to be funded though.
Well, yeah, but because they don’t want to increase monetary supply to keep inflation in check they need to tax you to fund their programs
They do increase the monetary supply though, in 2008 it was .9 trillion, in 2020 it was 6.4T, and now it’s 5.6T.
Turns out inflation doesn’t quite work the way most economics courses teach. That may be related to the way billionaires fund a lot of university’s economics departments.
I didn’t say they aren’t increasing it at all, just that they aren’t doing it for all their needs.