Good cover. She has a nice setup.

How Fiat Money Works.

It’s a complete waste of time and resources for the federal government to assess taxes at all. It’s perhaps a necessary fiction, though, as long as it is used (as is not the case now) to reduce wealth inequality. And as the article points out it guarantees demand for the currency.

But that’s in an ideal world and we don’t live in that world. To regular people, money is something in your pocket even though the vast majority of money is represented in a computer somewhere and is never physical.

Odd the limitations humans impose on systems despite the concepts not being that difficult.