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RE: US Government printed more money in 30 days than over 200 years

in #hive-1679222 days ago

We are witnessing the collapse of the economic system before our eyes, because the people running our government have no clue what they are doing and do not understand how to properly run the economy.

Most people think that the purpose of government taxation is so the government can pay for stuff. There are two more important reasons why taxation has to exist in every economic system, to prevent high wealth inequality and to prevent hyper inflation.