• stevehobbes@lemmy.world
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    1 year ago

    I mean this is a cute clever thing that sounds smart that isn’t.

    The government pays for things. The government funds that through monetary policy that includes printing money, as well as raising money via taxes. Whether the government deletes a dollar you give them and prints another dollar vs transferring the dollar you gave them into their spending budget is super irrelevant.

    It’s functionally the same and either way, your tax dollar, whether “deleted” and replaced or transferred is still your proportional allocation of funding.

    This is real “I am very smart” vibes.

    • Ottomateeverything@lemmy.world
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      1 year ago

      Same could be said about your post. It’s very “haha I have a gotcha” vibes.

      Yes the government deletes money. And they also create money. That doesn’t mean they do or have to do the same amount of each. They can and do create more than they delete. They’re not funding programs and then making sure they delete the same amount in your taxes. That’s not how modern economics work.