Taxes are an illusion to hide the real villain - the government money printer. Tax revenue is small compared to what the government does with the Fed to print money to fund everything - mostly war.
When the U.S. abandoned the gold standard back in 1971 is when the economy began its decline.
Bitcoin, and only Bitcoin, fixes this.
"It is perhaps well enough that the people of the nation do not know or understand our banking and monetary system, for if they did I believe there would be a revolution before tomorrow morning"
Thanks for this context. I think tax revenue is 50% of US budget. I think it’s not an illusion but just a partner in crime with the money printer. But yes, the rabbit hole always gets deeper and darker. Hoping to make tomorrow morning a bit more revolutionary.
I love the incorporation of chatgpt art in your narrative and this breakdown of our tax revenue has made the most sense to me over other explanations (readying me for the revolution before tomorrow morning). Well done, your Substack never disappoints!
Taxes are an illusion to hide the real villain - the government money printer. Tax revenue is small compared to what the government does with the Fed to print money to fund everything - mostly war.
When the U.S. abandoned the gold standard back in 1971 is when the economy began its decline.
Bitcoin, and only Bitcoin, fixes this.
"It is perhaps well enough that the people of the nation do not know or understand our banking and monetary system, for if they did I believe there would be a revolution before tomorrow morning"
-Henry Ford
Thanks for this context. I think tax revenue is 50% of US budget. I think it’s not an illusion but just a partner in crime with the money printer. But yes, the rabbit hole always gets deeper and darker. Hoping to make tomorrow morning a bit more revolutionary.
Profound
Best one yet 🙌
These graphics. Whoa.
I love the incorporation of chatgpt art in your narrative and this breakdown of our tax revenue has made the most sense to me over other explanations (readying me for the revolution before tomorrow morning). Well done, your Substack never disappoints!