While it is true that nothing is funded with taxes, because taxes are an antiinflationary device, that doesn’t mean that the government doesn’t fund anything. Quite the opposite with a sovereign currency. The government of any country with a sovereign currency literally funds the entire economy of that country.
While it is true that nothing is funded with taxes, because taxes are an antiinflationary device, that doesn’t mean that the government doesn’t fund anything. Quite the opposite with a sovereign currency. The government of any country with a sovereign currency literally funds the entire economy of that country.