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What If Taxation Ended Today? | An MMT Perspective
6 months ago
42
News
MMT
Modern Monetary Theory
money and taxes
value of money
history of money
banking system
US dollar
hyperinflation
national debt
credit theory of money
Currency value hinges on taxation and state-enforced banking systems, as explored through MMT’s lens. From the Revolutionary War’s Continental dollar to the Confederate hyperinflation, history shows that without tax enforcement, money falters
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