Thursday, July 26, 2018

The Magic Money Tree

The magic money tree is real: Treasury confirms taxes are not needed to fund government spending
https://mikenormaneconomics.blogspot.com/2018/07/ben-wray-magic-money-tree-is-real.html

https://www.commonspace.scot/articles/13079/magic-money-tree-real-treasury-confirms-taxes-are-not-needed-fund-government-spending

Money does grow on trees!  The good news is that nobody needs to pay taxes. The bad news is that this will cause the whole economic system to hyperinflate.  But not in the next 10 years so who cares?

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