RE: AskLeo - If They Can Print Money Out of Thin Air, Why Should We Still Pay Taxes?

[tobetada]

One thing that comes to mind is that they want to keep up the illusion that fiat money is backed by something (which I guess it is by some degree, e.g. military etc.) Another reason is that the repercussions from changing the current system. The government (i.e. the politicians etc.) never really want change

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Comments

[acesontop]

I doubt money is backed by anything at this point.

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