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RE: LeoThread 2025-11-16 07-55

in LeoFinance21 days ago

mention before, is I believe that there's political constraints to it, like very real political constraints. And if you normalize the notion of monetary issuance as a way to finance the economy, then people are probably going to rebel a little bit at the notion of taxes, because they might at that point, and you see it in the crypto community for sure, people will say, well, why do we have taxes if you can just pay the budget by printing dollars? And it seems like such a strange, like juvenile objection, but I think it's true. You still have to maintain a sense of authority and order to the system. And if you become completely untethered, then it sort of falls apart. And as you say, the other thing is if you open up the Overton window or like the design space of the government as this ultimate tinkerer, which is omniscient and omnipotent and can finance virtually anything, you're always going to get a demand to finance endless entitlements, spending, stimulus, infrastructure, or (23/97)