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How do you feel about financing a genocide?
(lemmy.ml)
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this post was submitted on 15 Oct 2023
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They print money for the government budget but that massively inflates the money supply so to counterbalance that inflation, they destroy all the money that was paid in taxes by their citizens
Taxpayer money funding government budget is fairly accurate
you can print money up to the natural resource+ labor output of a nation-state and nobody is printing that much money.
where did the 20,000 per person per year for all those years the US spent on its wars in iraq and afghanistan come from? it wasn't tax revenue.
It wasn't all tax revenue but taxes were definitely necessary for the US economy to not collapse while funding the war machine
good thing the US economy didn't collapse during those wars then...