Why not?

…oth taxes collected and receipts from bond issues stop being “money” the moment they are collected. The money is deducted from the payer’s account and then the account of payer’s bank, but isn’t then transferred to an account that can be spent from.
While an understanding of Fed operations helps, simple logic applied in the macro view shows that…
3
Keith Evans
John Griswold
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1 min read·
Apr 13, 2019
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Why not?
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Written by John Griswold24K Followers
·731 Following
Master carpenter, watercolor artist and beat up old jock…owned by Black Lab Bo who considers two tennis balls a minimum mouthful
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