A Boring Dystopia

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Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

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This sign says it all. (lemmy.world)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 141 points 2 years ago (30 children)

Accurate except for the “instead” part. Road maintenance comes from local taxes, whereas military aid comes from federal taxes.

[+] [email protected] -11 points 2 years ago* (last edited 2 years ago) (20 children)

Well if you really want to get technical about it.... No programs or spending are really funded by taxes anyway, the government just says "OK" and the numbers in the bank accounts of the companies implementing said program go up. Taxes funding things is just a myth. Taxes just delete money. So technically, nothing is funded by taxes and taxes are just a money void.

Edit: People seem to be down voting because they think this is tinfoil hat BS or something. It's not. Look up modern monetary theory. Governments with fiat currency don't need to collect money to pay for things. They just invent and issue more currency. See this video: https://youtu.be/75udjh6hkOs?si=dVpp9V5f96kLDV4-&t=1628

[–] [email protected] 27 points 2 years ago (3 children)

the wikipedia page says:

MMT is controversial, and is actively debated with dialogues about its theoretical integrity, the implications of the policy recommendations of its proponents, and the extent to which it is actually divergent from orthodox macroeconomics. MMT is opposed to the mainstream understanding of macroeconomic theory and has been criticized heavily by many mainstream economists.

i don’t think your comment properly highlights how controversial MMT is. i’m not an economist, but i don’t think it’s fair to use language like “taxes funding things is a myth” and “technically nothing is funded by taxes and taxes are just a money void”, when those claims rely on such a controversial theory.

[–] [email protected] 6 points 2 years ago

It's not worth your time to refute one giving youtube link as a backing reference.

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