[ExI] Even India and Haiti do it better

[spike at rainier66.com]

>>…In your view, if printing more money to pay off debts is an option (poof, debt disappears in a puff of smoke (just give the unemployed their former pay)) why aren’t we doing that?

 

spike

 

 

> On Behalf Of SR Ballard via extropy-chat
Subject: Re: [ExI] Even India and Haiti do it better

 

>…I don’t have a good answer to that because that’s essentially what we’re doing…SR Ballard

 

Clearly not enough.  If all we need to do is print money, then we should not be paying taxes.  We should just print the money that would have been paid in taxes.

 

It is remarkable no one discovered this marvelous theory before now.

 

spike

 

 

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