XPost: rec.arts.sf.written, rec.arts.books   
   From: droleary@4usenet2013.subsume.com   
      
   In article ,   
    tmcd@panix.com (Tim McDaniel) wrote:   
      
   > In article ,   
   > Your Name  wrote:   
   > >The greedy Government makes more than everyone else combined.  :-(   
   > >   
   > >If you work it out, the Government basically gets all the money, eventually.   
   >   
   > And then ... the government eats it?   
      
   The confusion is a temporal one.  It is not "eventually" that the   
   government gets all the money, it is *initially*.  It's all fiat.  They   
   print it from nothing, stealing value from all other currency that has   
   been issued already.  Accept that it has value, and you give them the   
   power to take it all back, in taxes and otherwise.  The funny thing is,   
   even given all that, they (the US government, at least) still can't   
   manage to operate without a debt or stop running at a deficit.   
      
   The more economics is a work of fiction, the less the future will   
   resemble a work of science fiction.  (He said, desperately trying to   
   stay on topic.)   
      
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