Further to our little rant about taxation…

Some days ago this site published our opinion on what taxation really means in a world where states like Canada and the US just print all the money they want. Essentially, it means they have all the money they ever need to make policy they want work, and then blame lack of taxation for denying funding, like for veterans and health care etc. In simpler terms, taxation is a con. Canada and the US make up money. They never balance the books in any meaningful way, and they are currently enacting policies that would bankrupt anything in a week or less if they used a real economic model based on responsible spending and tax collection. Canada’s centuryinitiative.ca and America’s invasion of the Southern border alone is proof of this assertion, let alone the cost of the US military and alphabet agencies.

It was a rant so no real proof was submitted beyond the obvious, which is stated above here.

And what follows, isn’t really proof either. But it might constitute a data point. Assuming the man is who it is claimed he is:

Wowzer. Chief economic advisor unable to explain why when the government controls the currency, can print money – We do not simply use the money, without ‘owing’ anybody.

In fact, how and why do governments need to borrow from the rich at all?

He’s at a loss too..#jigisup https://t.co/vMYivDvLAr

— Doodler-in-chief (@corallips) May 3, 2024

I mean that has to be some random guy in the waiting room at Biden’s Dementia clinic, right?

Whoops nope its him.