Preaching that the federal government must tax or borrow to spend is mainstream economic’s most disingenuous lie and most consequential sin against Americans. Until we overturn this falsehood, little progress can be made in the pursuit of a fair, just, and prosperous economy.
What federal law must be changed in order to allow spending without taxation or borrowing?
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If I follow, I like the leverage idea of borrowing and only printing enough new money to make payments on the debt (and existing debt?). That should have less inflationary effects and the currency dilution effect can be offset by the economic expansion from the borrowing...
End of conversation
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