Confirmation that all federal spending (in the US) is – and has always been – financed with created currency.

The idea that “taxpayer money” is the only thing that pays for federal spending is not just economically inaccurate, it is a profoundly sinister and insidious one for our society. It further enables and promotes the neoliberal “monetarist” austerity economics that guarantees that the people will never ACTUALLY GET the big programs that we need to NOT DIE, suffer, or go bankrupt.

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