this post was submitted on 16 Jul 2024
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InsanePeopleFacebook

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[โ€“] [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.

[โ€“] [email protected] 2 points 4 months ago