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Re: Alex G post# 100788

Tuesday, 06/29/2010 10:20:00 AM

Tuesday, June 29, 2010 10:20:00 AM

Post# of 491544
"Raising revenue, per se, is of no consequence to the government, as dollars are not a limited government resource, but a liability, or tax credit, that can be issued at will. The government’s ability to raise revenue does not limit what it is able to purchase. The purchasing power of the government is limited only by what is offered for sale in exchange for dollars."


http://moslereconomics.com/mandatory-readings/full-employment-and-price-stability/

lll & pj

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