Fish of Rage (nprofile…h6f2) feld (nprofile…xyvy) Leyonhjelm (nprofile…9pl8) Yeah I mean it seems excessive but in reality the costs covered were not that high. The other costs were doing loans to companies from banks so credit didn’t stall. The liquidity crunch means there’s not enough money in the system. So that was loaned. The loans created more loans that created more loans. As a society of debt we really have a hard time reconciling how debt works. It’s all debt there’s no unlimited money, there’s no printer it’s all debt. Basically the government raising the debt ceiling is using BNPL. So obviously taxes are critically important to cover that.
When we think of money printer though, the dollars created by the process is exactly how our system has worked for all my life. Not much is going to change this the reality is we need to be more prudent about how we do it.
I could go into a long winded explanation of how taxes matter and don’t matter and what the taxes should be ideally vs what they are. Nobody quite likes me going on about taxes as it challenges conventional wisdom. That said we are not taxed enough as a society. The tax that is hated is unequal tax. That’s what is really the core problem.
I am Water /
npub1az…7vsxj
2025-03-05 17:15:18
in reply to nevent1q…xx26
Author Public Key
npub1az92lesxqmuqnvl3z5lcwmt779lns2vdsh34lw8m6vn6nepes08q07vsxjPublished at
2025-03-05 17:15:18Event JSON
{
"id": "582dd242b1bb85039b39cf42ea380145c303f615ce7174dfdc045e9f8da2d455",
"pubkey": "e88aafe60606f809b3f1153f876d7ef17f38298d85e35fb8fbd327a9e43983ce",
"created_at": 1741194918,
"kind": 1,
"tags": [
[
"p",
"05de5f2d3b8d98f9b929695080ae6aa51b14f00dc122eef1d40d502a0ab48154",
"wss://relay.mostr.pub"
],
[
"p",
"c517f9a012aa4a98fec69f150764a70e77e3c21a326277fdb788fe3dd0b410f9",
"wss://relay.mostr.pub"
],
[
"p",
"5fcd1f2b14c67b4cee560893820f952610643097c284033ee129930d63aac5db",
"wss://relay.mostr.pub"
],
[
"e",
"0fde1e9b243f7f58c51ade7e5056abfa899565d529cd91dd8f4571fc01f7fc20",
"wss://relay.mostr.pub",
"reply"
],
[
"proxy",
"https://friedcheese.us/objects/110a1df5-9069-43a9-b8ca-2796e13425a4",
"activitypub"
]
],
"content": "nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqqh097tfm3kv0nwffd9ggptn255d3fuqdcy3wauw5p4gz5z45s92qysh6f2 nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqc5tlngqj4f9f3lkxnu2swe98pem78ss6xf380ldh3rlrm595zrushgxyvy nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqtlx372c5cea5emjkpzfcyru4ycgxgvyhc2zqx0hp9xfs6ca2chdsdf9pl8 Yeah I mean it seems excessive but in reality the costs covered were not that high. The other costs were doing loans to companies from banks so credit didn’t stall. The liquidity crunch means there’s not enough money in the system. So that was loaned. The loans created more loans that created more loans. As a society of debt we really have a hard time reconciling how debt works. It’s all debt there’s no unlimited money, there’s no printer it’s all debt. Basically the government raising the debt ceiling is using BNPL. So obviously taxes are critically important to cover that. \n\nWhen we think of money printer though, the dollars created by the process is exactly how our system has worked for all my life. Not much is going to change this the reality is we need to be more prudent about how we do it. \n\nI could go into a long winded explanation of how taxes matter and don’t matter and what the taxes should be ideally vs what they are. Nobody quite likes me going on about taxes as it challenges conventional wisdom. That said we are not taxed enough as a society. The tax that is hated is unequal tax. That’s what is really the core problem.",
"sig": "8ba3b32bb6b00030d7f91e5f4e30459520f5c4f511bbd9c1f8eb28a894cafef0525f88c23ae2e30e756a90df0f545b62fec29a642a6473dc060e15d7a2198123"
}