Both are bad. The former is direct theft of the people by a group known as the government. The latter is indirect theft in the form of price inflation. Either way, we get literally and truly robbed.
When you have fiat money that governments can inflate at will; taxation is not a mere price we pay for or government theft. Taxation has been evil since 1971!
What I meant to say is that governments can get the trillions they need when they want without resorting to taxation. They have proven this again and again. Taxation under fiat money is merely another form of control and oppression.
Both are bad. The former is direct theft of the people by a group known as
the government. The latter is indirect theft in the form of price inflation. Either way, we get literally and truly robbed.When you have fiat money that governments can inflate at will; taxation is not a mere price we pay for or government theft. Taxation has been evil since 1971!
Governments cant inflate the currency at will, not under fractional reserve banking. That is not how the monetary system works.
Technically it is the FED (which is not a part of the federal government) and there are limitation to what they can do.
https://www.thebalancemoney.com/is-the-federal-reserve-printing-money-3305842
What I meant to say is that governments can get the trillions they need when they want without resorting to taxation. They have proven this again and again. Taxation under fiat money is merely another form of control and oppression.