By Chris RossiniThe recent tax riots in France provide us with a reminder as to why governments all over the world have central banks at their disposal. The primary benefit for politicians is to have their very own printing press that spits out new money to pay for whatever the politicians want.
Without the printing press, politicians would be forced to tax people
directly. The people get the bill right away, and know that the bill is coming from the government.
Take France's new scheme that su...
Published on November 28, 2018 13:03