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Dr. Ricco Lindner
Richard J Murphy
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Comments by "Dr. Ricco Lindner" (@Dr.RiccoMastermind) on "What’s the real reason why we tax?" video.
Not really a loan. That's the point. The governemnt technically doesn't need to borrow its own money - at least if you regard government and the central bank as a "state union". The governemnt basically only "orders" the BoE to perform payments via the Treasury, jot borrowing it before. However, recent governments want to let it loo like they take loans
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Hey Mr. Murphy, would you mind making a video on the right timing of taxing back the money put in circulation earlier? To me it seems that's important to first find out how long money is circulation (depending on where it was injected into the economy) - and second to decide when to tax back how much or don't do it (specifically after crisises with extra-ordinary spending).
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