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by Benn Steil and Elisabeth Harding President Trump has many times suggested that tariff revenue could replace the federal income tax. This claim is absurdly off-base,…
by Benn Steil and Elisabeth Harding President Trump has many times suggested that tariff revenue could replace the federal income tax. This claim is absurdly off-base,…
What is fiat money and what does it do? This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an…