38 sats \ 1 reply \ @supertestnet 1 Jul \ parent \ on: US Treasury Yields Are Climbing econ
They could accept tax payments in a form other than dollars. They used to accept gold bullion and they could do so again
Sure but that's a more overt confiscating of gold, in the context of their currency taxes are the demand driver of it
If they want to confiscate stuff slowly they need to do it with debt such as they do
This is a long known exploitation against sovereign states by the international bankers, classical state banks didn't allow for much interest because interest is how a countries wealth gets stolen from abroad
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