By Steve Rossiter —— Bio and Archives--April 6, 2021
There is a terrible misunderstanding by far too many Americans about the nature of “government money.” I am not sure if it is ignorance, stupidity, or people consciously ignoring reality because they don’t want to acknowledge the truth (maybe that’s stupidity too). People, people, people; there is no such thing as government money!
Government money is money confiscated from American citizens in the form of taxes. The government gets every dollar they have from confiscation. The government has no mechanism to generate dollars. They can print money, but they don’t generate income.
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