The US Dollar is a tax credit.
It is a unit of measure.
You can't run out of inches
You can't run out of numbers
The government can't run out of dollars...
unless it purposely, politically chooses to.
A dollar is an IOU.
When it is spent into existence a debt is born.
When it is taxed out of existence a debt is washed away.
So reducing the national debt means reducing the national money supply.
Dollars are not reused
A dollar is spent once into existence.
It circulates within the economy
Is destroyed once it is returned as a tax.
There is *NO* PRINTING MONEY!!!!
Congressional spending is simply marking up accounts and taxation is marking them down.
Dollars are constantly created and constantly destroyed daily. DAILY!!!!
The government neither has nor doesn't have dollars.
Dollars are created every time the government seeks to provision itself and deposits are made into their account for spending... via keystrokes on a keyboard.
So why are we always talking about the government going broke?
Why are we always talking about reducing the deficit or lowering the debt?
The sum total, to the penny... of every untaxed dollar in existence since the start of the nation.
To pay off the debt is to DELETE, Destroy EVERY dollar in the economy.
What kind of knuckle head would push that?
Why do people think that taxes fund federal programs?
Being the "richest" country in the world is not about dollars... it's about available REAL RESOURCES.
Remember them all.
The dead have no voice.
We must be their megaphone.