{"id":82047,"date":"2022-05-13T05:22:46","date_gmt":"2022-05-13T10:22:46","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=82047"},"modified":"2022-05-13T05:22:46","modified_gmt":"2022-05-13T10:22:46","slug":"modern-m%ef%bf%bconetary-theory","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=82047","title":{"rendered":"Modern M\ufffconetary Theory"},"content":{"rendered":"\n<p>Joe Doakes from Como Park emails:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>In the olden days, when gold and silver were currency, there was only so much metal so there could only be so much money. The government couldn&#8217;t create more money out of thin air, it had to tax citizens to obtain the money to run the government. <\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Lesko Brandon reminds us Milton Friedman no longer rules the world. The government can create as much money as it wants, simply by adding ones and zeros to bank accounts. <\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Fine. But then why am I paying taxes?<\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Joe Doakes<\/p><\/blockquote>\n\n\n\n<p>To show everyone who\u2019s boss?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joe Doakes from Como Park emails: In the olden days, when gold and silver were currency, there was only so much metal so there could only be so much money. The government couldn&#8217;t create more money out of thin air, it had to tax citizens to obtain the money to run the government. Lesko Brandon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,69,123],"tags":[],"class_list":["post-82047","post","type-post","status-publish","format-standard","hentry","category-democrats","category-socialism","category-taxes"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/82047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82047"}],"version-history":[{"count":1,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/82047\/revisions"}],"predecessor-version":[{"id":82048,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/82047\/revisions\/82048"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82047"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}