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Taxes for Revenue are Obsolete

January 19, 2021April 25, 2021

Beardsley Ruml, Chairman of the Federal Reserve Bank of New York, said it in Jan 1946. It’s still correct. Added — with thanks to Ed Walker (@MasaccioEW) — to the FAQ page on taxes. Here

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 Eric Tymoigne
VERY Good, Short MMT Explanation 

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