20220210 - Liberty Minute

I'm Peter Serefine and this is the Liberty Minute for Thursday, day 697 of 15 days to flatten the curve.
$6 Trillion has been spent by the federal government in the name of the Wuhan Flu. Where did that money come from?
Well, the government just printed it. Modern monetary theory doesn't require a gold standard or any physical assets to back the money.
So, if the government can just print money whenever they need more, why do we still have to pay taxes? Couldn't the government just print more?
Wait? It doesn't work like that? Why not? Is that because modern monetary theory is a pile of bullshit? Or because a government without taxation has no power?
Tonight Clay Clark, organizer of the Reawaken America tour is in the Liberty Lighthouse live stream, at 7 pm Eastern at Liberty-Lighthouse.com
Until tomorrow, Si vis pacem, para bellum.