If the government prints the money, why do they need taxes?

If the government prints the money, why do they need taxes?

Other urls found in this thread:

theamericanmirror.com/hillary-donor-let-know-penance-owe/#more-18243
investmentwatchblog.com/george-soros-and-the-rothchilds-banking-elite-connections-exposed/
sarawakreport.org/2016/08/90-federal-police-officers-raided-edmond-de-rothschild-bank-how-aabar-scandal-could-dward-1mdb/
youtube.com/watch?v=claY2UU9-5c
youtube.com/watch?v=tshLc6jYm2Q
haaretz.com/israel-news/family-values-1.323094'
vimeo.com/48198745
thirdworldtraveler.com/Assassinations_page/Israel's_Central_Role_FJ.html
anyforums.com/
twitter.com/NSFWRedditImage

The government borrows the money from the privately owned Federal Reserve.

The taxes are what secures the loans the government takes out. That basically makes the IRS agents of a private corporation. Even better......what happens when our interest payments exceed our tax revenues?

because if they print too much money said money loses value which harms the economy and makes the rich people move their wealth somewhere else

The jews are selling america its own money.

>Even better......what happens when our interest payments exceed our tax revenues?
You print more money

Inflammation happens.

It's when money loses its value.

yeah, but if they pay less taxes they'll stay. and if we print enough money everyone will be rich ending poverty forever :D

For fucks sake auto correct not again...

Wrong....you begin borrowing money just to make your interest payments. This situation would lead to foreclosure or default on the loan if you were not a government.

When's the next crash? I wanna buy a house.

The USA doesn't print money mate. The jews do. The banks, media, academia, and the Government, are all Jewish controlled.

...

To be honest they could just print money instead of the taxes the additional money would devalue the wage of the citizens and we would end up with the same we already have today.

>The government borrows the money from the privately owned Federal Reserve.
America doesn't own its own currency

Because they can't. Only the federal reserve can. The government can borrow money from the federal reserve, but it's owed back.

Technically the government could be set up so it could print money instead of charging taxes, but it ends badly.

How else are (((they))) going to make your life shit at this point? We can literally replace most jobs with robots over the next few decades and the job and tax model will fall apart. Until then you WILL work and you WILL give (((they))) their cut.

Also, if we all stopped paying our taxes at once the system would collapse but we can't get our shit together.

But we can just fix it with Preparation H

(((they))) did it.

Fun fact......every president except Andrew Jackson who tried to stop the federal reserve has been assassinated. Jackson, upon leaving office and being asked what his greatest accomplishment was said "I killed the bank".

When Jackson died and the bank came back, they memorialized the man who destroyed them on the face of the twenty dollar bill as a big massive fuck you to the legacy of Jackson

No country does. Thanks jews.

>The government borrows the money from the privately owned Federal Reserve.

If the only money in circulation has been loaned at interest, how is it even possible to payoff the loan?

Yea, i know. Thats implied by what I said isint it?

You dont own things you are borrowing because you have to give them back. Only in this case, you have to give it back, plus interest.

>not knowing that bongistan was the first country with a private national bank

They don't.

Hitlary's e-mail to ROTHSCHILD : ‘Let me know what penance I owe you’
> theamericanmirror.com/hillary-donor-let-know-penance-owe/#more-18243

Soros just a puppet and cover for ROTHSCHILD
> investmentwatchblog.com/george-soros-and-the-rothchilds-banking-elite-connections-exposed/

“possibly the largest money laundering operations ever uncovered" - released recently
> sarawakreport.org/2016/08/90-federal-police-officers-raided-edmond-de-rothschild-bank-how-aabar-scandal-could-dward-1mdb/
90 Federal Police Officers Raided Edmond de ROTHSCHILD Bank!

Jean-Claude Van Damme calls out Rothschild and Rockefeller connection on live TV
> youtube.com/watch?v=claY2UU9-5c

Rothschilds Own Hillary Clinton: Isn't That Nice? - by ex-Huffington Post journalist
> youtube.com/watch?v=tshLc6jYm2Q

RICHEST ROTHCHILD:
'I think women today are better suited for business than men,’
‘But we also have a responsibility to pass on to our children more wealth than we received’
> haaretz.com/israel-news/family-values-1.323094'

GOVERNMENT OF USA BORROW MONEY FROM FED BANK, WHICH IS ROTHSCHILD OWNED AND PRINTS MONEY OUT OF THIN AIR. THEN THE US GOV HAS TO PAY THE MONEY BACK WITH INTERESTS TO ROTHSCHILDS

It's not. It's a ponzi scheme.

The whole idea is to keep people poor and enslaved so that the Jews can live off their backs for free.

...

Holy shit!!!! You are finally getting it!

>How do you pay off the loan?
YOU CAN'T AND THAT'S THE (((GAME)))

WHAT THE FUCK? Did the fucking Mandela effect happen to this event again?

Royal mint is own'd by the queen.
We can still go full nazi.

If it's called the Federal Reserve, then why isn't it federal?

What is the Bank Of England then Nigel?
Who sits on the Board of the BOE Nigel?

It's impossible, it's a practice that used to be called usury, and now fractional reserve banking I believe, it's the very thing that caused jewry to be kicked out of every country they have inhabited.

banks arn't mints.
This is how we control the jewish problem.
If the jews dont play fair, we print more money, making the british sherkals worthless.

To make it sound official.....no shit, im not kidding.

Because they use taxes to impose their ideology rather than simply fund government

frog-poaster, ewww

why don't you mosey back to /sci/

What happened in 1913?

that's a Sup Forums question

...and then what happen when countries stop loaning the US money?

>implying the board is stronger than the chair.

THE FED WAS PLANNED IN A SECRET 1910 JECKYL ISLAND MEETING BY ROTHSCHILD. THEN IN 1913 THEY CHOSE WOODROW WILLSON TO SIGN THE FED OPENING ACT. LATER HE ADMITTED THAT WHAT HE'S DONE IS THE BIGGEST CRIME TO AMERICA. HOWEVER IT WAS ALREADY TOO LATE ...

Jesus, that 1998 shopping cart is bullshit.

...

you're a smart one

>implying the chair has any actual power left at all

the bill collectors come

Yes, but goy, that's a good thing! It helps grow the economy and fund wars for Israel so the goyim don't hoard our gold!

The Federal Reserve Act was passed on Chistmas eve by a handful of people on a voice vote so there's no record of who they were after decades of running the economy up and down so that the good goyim would want the Federal Reserve to come in and fix everything so that Europe could take the US back over for the third time.

>the government prints the money
>implying

>when americucks have to steal south american cart pictures because they don't know what REAL inflation is like

>Federal Reserve
>privately owned

This is misleading. The Fed doesn't have owners, it has governors. On the Fed board there are a lot of individuals from private firms to consult the Fed make decisions. This is useful, because the Fed needs perspective from people with skin in the game.

The Fed is also extremely decentralized, each of the 12 Federal Reserve banks have large privileges and basically act like individual agencies.

>privately owned Federal Reserve.

>omg all the commercial banks have some democratic influence over a board of directors that give advise on reserve requirements

Has the same goal as any other central bank, that all coordinate monetary policy together, to use its legal privelages to stabilize prices through inflation targets, reduce volatility in long-term interest rates, and maintain full employment. All of them fail at it because central banking is inherently flawed.

The kill switch is there, my statment; we can still go full nazi still stands.

SEE
JUST GOOGLE: JECKYL ISLAND 1910

The Fed is a corporation with a board of directors. It's owned.

The 12 branches meme was part of the propaganda effort to convince the goyim to accept the new banking system on the excuse that it wouldn't leave all the power in the hands of the New York bankers again. In reality, the NY Fed sits on top of a huge amount of gold, and ti's the head of the NY Fed that typically has the final say.

Of course they will demand payment, but what happens to our economy? How will social security, SNAP etc be paid?...it is then, when civil unrest will take to the streets.

The Federal reserve was created and given control of money supply/creation

war

>If the jews dont play fair, we print more money, making the british sherkals worthless.


inflation is never good, out jewing the jew will only destroy your country because jewing is inherently bad for societies.

central banks are bad.

That's what the police state is for.

Remember: the state always seizes real property and genocides people when the game goes wrong.

Hyper inflation, I see they have not thought you that in burger school

Ask Zimbabwe.

in days this has been the best question here!

on the other hand - what would happen if a gov always prints money to pay people that serve it to fill potholes? do that for a while and you're back to an informal economy. a chicken for some wheat, a cow for a wife.

The only alternative to an independent central bank would be a nationalized central bank - an invitation to money printing.

Doesn't end well.

Generally it would start with massive inflation and huge interest rate hikes. The collapse of our economy would mean the end of social security and SNAP and yes, chaos would result.

>The Fed is a corporation with a board of directors
Yes, but those have to be approved by the Federal government. Nobody actually "owns" a stake in it, nobody makes a profit when someone pays back a loan to the Fed (except the taxpayer).

...we know it's coming, but it seems to be coming faster than imagined.

Buy gold and silver coins/bars, various denominations and stock up on necessities...and maybe most crucial, GET THE FUCK OUT OF LARGE METRO CITIES!

Taxes allow the government to do things without increasing the money supply, maintaining the value of the government's money. Comparatively, money printing increases the money supply, which makes the government's money less valuable (because there is more money.)

Then again the point of QE isn't to substitute taxation.

I wonder why Hither wanted no central bank, hmmmm

JfK wasn't killed due to the Federal reserve he actually gave them more power
He was assassinated fue to a certian foreign policy decision

vimeo.com/48198745

thirdworldtraveler.com/Assassinations_page/Israel's_Central_Role_FJ.html

>Keeping business interest rates and inflation tracking economic growth suddenly means the fed is an all powerful voodoo organization controlling the US government like puppets.

The leaps and bounds made by people who don't understand macroeconomics are hilarious.

Well, the Fed isint loaning the money out at 0% so someone is making a profit. The money isint given back to me in the form of a rebate so I'm not getting any benefit from that repayment. That money isint 're-invested' in our government and it isint used to pay for running the fed so then what in the actual fuck are they using it for?

In fact our own congress sealed the recorded congressional testimony as to who the shareholders were at one point.

You have the whole system upside down, friend. North Dakota has a state bank where the repayments of the loans go back to the government and thereby fund taxpayer things.

We had a congressional commission investigate this in 1981 and they found that none of the income tax actually went to pay for anything, but rather into the pockets of the owners of the Federal Reserve.

I hope you are just a bad troll.

But money lost his value and these days, theres more money than in 1998

>tracking economic growth
Like the time they stopped tracking the M3 to cover up for how badly the ponzi scheme was going?

You know what they keep going? The other banks owned by the same cabal. They just have to come up with increasingly elaborate ways of doing it so that people who can't make the leaps and bounds won't see the big picture.

But they don't. The money is made by a private corporation.

how can i be a bad troll when i got 74 posts out of it? it's a legit question that seems paradoxical

>what is a backed dollar
>what is transparency so we know how much gold silver whatever the gov't has so they caren't allowed to jew and print more money when they want to keep being kikes.

Taxes are one of the main things that make a currency accepted. Taxes are also necessary to reduce wealth inequality, encourage some industry over others, etc.
However this does not mean that the US monetary system is working correctly. The profits from creating money are mostly collected by private banks and not the government. If the monetary system was in control of the govt. taxes could be lowered and/or more infrastructure/education/healthcare/military projects could be funded.

Infinite inflation so that the value of money is reduced therefore making the money owed easy to pay off. That's why the deflation occurring is threatening to rip economies from life support. Theoretically, though, interest rates are a way to limit the issuance of money so that it may be wisely invested to give a natural inflation. What we have now with interest rates at near zero to negative percentage rates is a desperate attempt to create inflation. But this forced inflation is creating wealth inequality, it's not actually doing anything for productivity or improving the lives of the worker beyond offering them sub-prime loans. The money from NIRP/ZIRP/QE is a matter of keeping up appearances, it creates a bubble and the bubble now is massive. There will be no bailouts this time.

>The big picture
>The fed and commercial banks have huge balance sheets from doing counter cyclical policy to save the economy after 2008 because congress was unwilling to make significant investment (much to the voting bases detriment)
>Neither the fed or commercial banks move this money back into the economy because everyone wants their money to have value including the commercial banks.
>Suddenly everything is a ponzi scheme because Keynesian policy worked like it was supposed to

Alright buddy whatever you say.

cuz it's on the principle of relativity

here's an analogy

there are 5 people, each capable of producing something of equal value

we want to introduce a currency system for trade, so we say the fixed value this system produces is $10

since each person produces something of equal value, we distribute the $10 evenly; $10/5people, $2/person. Through currency, we are arbitrarily assigning value a number.

Now let's say we increase the money supply to $15 but the value of the system hasn't changed. 15/5, now it's $3/person. So you see, even though the amount of "money" has increased, the value each person produces is still the same. Just the money itself is worth less - we've inflated the monetary system.

The only real way to gain more value, is to have a proportionately larger share than someone else. I.e someone who has $4 in the first example, owns 40% of the value of the system, and someone who has $6, owns the same 40%.

The gov therefore needs taxes, so they get a proportionately larger share; printing money is useless - it's just a tool to keep inflation in check.

well at that point you tax drop the rich tax to a lower band or you increase the rich tax, completly flushing out the rich leechs, forcing investment in state to avoid rich taxes

sure buds

>Doesn't end well.
Please provide proofs where a nationalized central bank was worse than a private one.

The Fed isn't loaning out at 0% because that would ruin the economy. The Fed loans out money at a certain rate to create a market response.

Lower interest rates to give the economy a boast, high interest rates to calm things down.

They use the "profits" as reserves to loan out to other banks for when they fail and need a bailout.

Then who are these "owners" you are talking about?

how close is ann arbor to metro?

they dont

What's a 'business' interest rate? The interest rate affects families as well.

Have you seen the bond markets recently, governments are getting paid to borrow money and corp rates are incredibly low. Finance is now effectively driven by central banks and the legislative requirements that babks must comply with.

>Keynesian policy worked like it was supposed to
Indeed. When Keynes himself was asked if he didn't notice his policy was a ponzi scheme that would blow up in everybody's face one day, he replied, "we'll all be dead by then."

The government can print as much money as it wants, as long as the people still want it. When the people stop wanting the money (they start hoarding other currencies,) then the government has printed too much.

We live in economically ahistorical times because QE is a new invention. Nevertheless, QE won't work to turn around the economy, because you can give a bank cheap capital, but you can't make it lend.

T. MMT fag.

>He thinks the Mint isn't the Fed's bitch
>he probably thinks the Fed is actually federal

It was Milton Friedman who invented QE to replace Keynesian spending in a depressive episode.

fpbp
The fed prints the notes, the banks own the fed, the government buy notes from the banks with a loan on it, repeat.

>Then who are these "owners" you are talking about?
It's a private company. They don't have to disclose that.

I've got an alleged list from a few decades back. It's the same one you'd probably find if you googled it. But it's no big surprise -- the usual players with the Rothchilds and their agents featuring prominently. It's not unlike the list of people who went to Jekyll Island to put the plans together for the Fed, which is probably also easily googleable these days.

All the Fed is doing is Printing more debt and when other country's don't accept American Currency because of debt then that's the day America becomes a Third world country.

Daily reminder that Austrian economics is best economics

Thats what happens when a banking sector nearly collapses all growth engines in the economy. Yes no savings interest rate is poor for consumers, but they then either spend immediately (spurring demand which was the intention) or invest into financial saving assets like stocks, also helping the economy. The problem is less banking side, more so that automation has left a whole swath of Americans skill less and unable to consume.

Now that we're back at a decent employment rate albeit with a lower LFP things are looking fine, people just needed and still need a long time to retool as the combination of a finance bubble and automation put them out of a job. If it wasn't for those policies wed be in much worse shape macro wise. The depression lasted a very long time and much deeper and we averted a deflation spiral through policy.

The government doesn't print the money...

The federal reserve does.

Its a private bank.

ffs.

You can't have a backed dollar, you'd be constantly experiencing deflation by now.
All the cases of hyperinflation were accompanied by money printing, ergo nationalized money creation.