Re:Stanford Professor Loses Political Battle To Simplify Tax...
by dragonwriter on Thursday March 30, 2017 @01:10PM
(#13997119)
> Read the link I posted.
I read it, and the point you are using it to support is still not true; the government could, Constitutionally, do what you describe (and what the linked article is part of the author's failed Senatorial campaign advocating), but it doesn't, for the same reason that the Fed exists; moneterizing spending and not unlinking fiscal from monetary policy undermines faith in the currency.
> But seriously, just read the link, you don't seem to understand the basic facts I'm expressing.
There's a difference between not understanding your claims and their relation to reality and disagreeing with the first and with your assessment of the second.
I read it, and the point you are using it to support is still not true; the government could, Constitutionally, do what you describe (and what the linked article is part of the author's failed Senatorial campaign advocating), but it doesn't, for the same reason that the Fed exists; moneterizing spending and not unlinking fiscal from monetary policy undermines faith in the currency.
> But seriously, just read the link, you don't seem to understand the basic facts I'm expressing.
There's a difference between not understanding your claims and their relation to reality and disagreeing with the first and with your assessment of the second.