Jun 29, 2017
The Sanders generation and a new economic idea.
Please read this.
The United States hasn’t been on any kind of gold standard since Nixon (nor under a strict understanding of gold standard since the great depression).
Dollars are printed by the Fed. We are not constrained by limited amount of money (money is merely a tool). We ARE constrained by real assets, but we are nowhere near maximizing our workforce and resources only because of lack of money.
Taxes aren’t necessary for government spending. They are only practically useful in fighting off inflation and/or income inequality.
