Keith Evans
1 min readMar 18, 2019

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Companies want us to buy things so that they can make money and governments want it so that people can have jobs and pay taxes so we can have roads and hospitals and armies and other things that people want.

This concept of taxation funding infrastructure and government programs is exactly opposite to reality. It is government spending that is the “source” of all currency in the economy net of private bank debt. When the government spends money that money doesn’t disappear into the ether. It simply becomes someone’s assets in the private sector. Taxation is inflation control and the method governments use to affect equality of distribution, but is “never” revenue for a currency issuer that neither needs nor uses revenue.

Most money in circulation is the product of private bank loans, but that money can never net retire the debt that created it or be used as a net store of value/savings. Only the money created by the government can accomplish either.

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Keith Evans
Keith Evans

Written by Keith Evans

Meandering to a different drummer.

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