The simple fact that there is no asset without debt. You cannot like the one and hate the other. Both are - quite literally - the 2 sides of the same coin.
If you have 100$ in a bank account, the bank has 100$ debt towards you.
If the state has 100$ debt then someone else has saved 100$ - very likely in a pension fund or insurance.
If you remove that debt...
All very true, but that shouldn't be an excuse for a government to impose the use of a currency onto people that don't want to use it. Neither should it be an excuse for a government to spend other people's money if they don't consent to it.
I agree with you on the financial aspect but that's not the point of the article, I think.
There is no (non-dictatorial) government that imposes on you (private person) the use of a certain currency.
Quite contrary the government gives a guarantee that you can use a certain currency to buy things - it protects you.
You are free to use nearly any other thing (except drugs, atomic missiles etc.) as a currency with whomever you can find that accepts that.
And if you don't want the government to spend money you are free to leave it and go somewhere where there are no roads, no healthcare, no fire fighters etc.
I have to disagree with you. You already say it yourself: the government gives a guarantee that you can use a certain currency to buy things....... by forcing other people to accept that form of currency. Besides, governments force people to pay taxes in one currency only, so I don't think it's fair to say that people are always free to choose what currency to use. If it moves, it's taxed. That doesn't leave you with a lot of freedom in my opinion.
And yeah, if you don't like it, you can move to Somalia lol
People are not companies, whatever some nuts in the US say.
Yes, you are free to move to Somalia.
If you don't like it there and stay where you are (I presume US) then this is your own free will and you stay voluntarily. Nobody forces you into the trade "tax for safety and infrastructure". If you don't like it, don't pay taxes and go away. Land of the free!
No, not people get forced, only companies.
People are not companies, whatever some nuts in the US say.
That's ridiculous, there are tons self-employed people and small companies that are just a community of people working together. Your argument might be valid if you look at big corps, because those are more like actual states instead of just communities.
Yes, you are free to move to Somalia
...If you don't like it, don't pay taxes and go away. Land of the free!
With this argument you can justify any political system and it is factually wrong. I dont have the funds to start a new live in Somalia, thus Im not free to do so.
Depends. What are you suggesting?
The simple fact that there is no asset without debt. You cannot like the one and hate the other. Both are - quite literally - the 2 sides of the same coin.
If you have 100$ in a bank account, the bank has 100$ debt towards you.
If the state has 100$ debt then someone else has saved 100$ - very likely in a pension fund or insurance.
If you remove that debt...
All very true, but that shouldn't be an excuse for a government to impose the use of a currency onto people that don't want to use it. Neither should it be an excuse for a government to spend other people's money if they don't consent to it.
I agree with you on the financial aspect but that's not the point of the article, I think.
There is no (non-dictatorial) government that imposes on you (private person) the use of a certain currency.
Quite contrary the government gives a guarantee that you can use a certain currency to buy things - it protects you.
You are free to use nearly any other thing (except drugs, atomic missiles etc.) as a currency with whomever you can find that accepts that.
And if you don't want the government to spend money you are free to leave it and go somewhere where there are no roads, no healthcare, no fire fighters etc.
I have to disagree with you. You already say it yourself: the government gives a guarantee that you can use a certain currency to buy things....... by forcing other people to accept that form of currency. Besides, governments force people to pay taxes in one currency only, so I don't think it's fair to say that people are always free to choose what currency to use. If it moves, it's taxed. That doesn't leave you with a lot of freedom in my opinion.
And yeah, if you don't like it, you can move to Somalia lol
No, not people get forced, only companies.
People are not companies, whatever some nuts in the US say.
Yes, you are free to move to Somalia.
If you don't like it there and stay where you are (I presume US) then this is your own free will and you stay voluntarily. Nobody forces you into the trade "tax for safety and infrastructure". If you don't like it, don't pay taxes and go away. Land of the free!
Er ist Holländer, du Nase.
That's ridiculous, there are tons self-employed people and small companies that are just a community of people working together. Your argument might be valid if you look at big corps, because those are more like actual states instead of just communities.
With this argument you can justify any political system and it is factually wrong. I dont have the funds to start a new live in Somalia, thus Im not free to do so.