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If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
#1
If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
Answer me that grasshopper!
Thinking
No God, No fear.
Know God, Know fear.
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#2
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
Well, as a German history buff, this should be easy to answer:
[Image: 50_Billionen_Mark_Stolberg_Eschweiler_001.jpg]


Comparing the Universal Oneness of All Life to Yo Mama since 2010.

[Image: harmlesskitchen.png]

I was born with the gift of laughter and a sense the world is mad.
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#3
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
You mean hyperinflation?
I think all currencies will print themselves into oblivion over the next few years...

Lots of fun days ahead!

Dodgy

Oh, well, on a good note, everyone in the us will be a millionaire soon! And would you like fries with that! lol.
No God, No fear.
Know God, Know fear.
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#4
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
Remember that money is just the way we keep score.
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#5
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
(April 24, 2020 at 1:43 am)Rev. Rye Wrote: Well, as a German history buff, this should be easy to answer:
[Image: 50_Billionen_Mark_Stolberg_Eschweiler_001.jpg]



Well it's one way of dealing with the national debt...
Quote:I don't understand why you'd come to a discussion forum, and then proceed to reap from visibility any voice that disagrees with you. If you're going to do that, why not just sit in front of a mirror and pat yourself on the back continuously?
-Esquilax

Evolution - Adapt or be eaten.
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#6
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
Buy a wheelbarrow.

Boru
‘But it does me no injury for my neighbour to say there are twenty gods or no gods. It neither picks my pocket nor breaks my leg.’ - Thomas Jefferson
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#7
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
I don't think a wheelbarrow will help much matey.
You know what they say about: if money grew on trees

[Image: 3xxrwa.jpg]
When there's more paper in the currency than the toilet paper it's buying, you know you have a problem...
No God, No fear.
Know God, Know fear.
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#8
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
The Golgafrinchans came up a solution for the slight inflation problem that occurred when they adopted the leaf as legal currency -

Burn down the forrests...
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#9
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
(April 24, 2020 at 7:00 am)ignoramus Wrote: I don't think a wheelbarrow will help much matey.
You know what they say about: if money grew on trees

[Image: 3xxrwa.jpg]
When there's more paper in the currency than the toilet paper it's buying, you know you have a problem...

I was referring to various times and places where people have had to bring wheelbarrows full of cash to the grocers.  Here's a man buying an egg during the Weimar Republic. ONE egg.

[Image: 4V_eaEGRjAECkb3I_61P-rhHFuNbI-UCjJxoqWvQ...6fXbOs1aL5]

Boru
‘But it does me no injury for my neighbour to say there are twenty gods or no gods. It neither picks my pocket nor breaks my leg.’ - Thomas Jefferson
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#10
RE: If the Fed can print an unlimited amount of money, why does anybody need to pay tax?
They would get paid at noon and quitting time. They'd run out to spend their pay at lunch because it wouldn't buy anything by quitting time.
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