InsanePeopleFacebook

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Sovcit is sooooo close.. (lemmy.world)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 12 points 4 months ago (1 children)

Taxation is a big part of the reason why fiat money has any value at all. By demanding to be payed with its own currency, a government can ensure that the bills it issues will always have demand (because people will need it to pay taxes) and therefore will always have value.

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[–] [email protected] 2 points 4 months ago

Yes, exactly!

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