CROWDSOURCING the COLLECTIVE "WE"Quicklink submitted By Scott Baker Permalink
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Let’s jump ahead to the day (surely it will come, right?) when we realize a general consensus has actually been established that, yes, it IS possible to sustainably pay for collective goods and services by the direct issuing of sovereign fiat dollars―that our federal government doesn’t have to collect taxes in order to have dollars to spend, that it doesn’t have to issue Treasury bonds to get the dollars it needs but imagines it doesn’t have.
Now that we realize there exists this general consensus about how our modern money system actually works, we have to DECIDE―and agree, as an entire sovereign nation, that we have decided―what our “direct sovereign spending” should be targeted to achieve.