The government’s ‘sovereign’ power to tax and print money

Bill Bergman  |  August 25, 2021

By Bill Bergman, includes “… So we should rest easier about our government’s financial position because our government can take our money and inflate the value of our dollars away? That may not be so comforting, but there is a more fundamental issue here. We are told that the ‘powers to tax and set monetary policy’ are ‘the government’s sovereign powers,’ with a possessive ‘s’ on ‘government.’ Ironically, this assertion arises in a document serving as a vehicle for securing the accountability of government to We the People.”

Read the full article on: Mises Institute

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