If Trump wins, more voters foresee better finances, staying out of war — CBS News poll

[Laodicean60]

The traditional way has been to loan the money

Called Money creation

get money in circulation has increasingly been to give it away through government programs.

Equals unsustainable debt if spent unwisely. Government spending with no return of GDP. Normal economies produce goods and services. Unfortunately, we don't produce as much as we used to, and foreign countries gain and we have to place tariffs to get some of that money back for the government.

why is anyone paying taxes

To pay off the money we borrowed from China and Japan and everyone else from treasuries.

The government can simply say how much money the government has

Money needs to be backed by something of value such as a commodity. When we got away from the gold standard printing of money had no check and balance.

administrative state controls and distributes the wealth of the country.

Who is going to kill to have this kind of control?

The country is being run by the executive and the Departments.

Maybe when the is a one world government and one world leader in the future.

Was inflation even possible when wealth was land, grain or gold?

Inflation/deflation is a consequence of supply and demand. One bad harvest or good harvest or plague.

Digital, who knows?

Possibly who knows but, I feel the form of what you are talking about will come in the future. I think the problem with today's capitalism is that it's not a free market capitalism. Too much cronyism and government intervention.

I had to look up feudal economies but thank you for the question. I don't see the benefit to the little people.

Feudal Economics

An introduction to the socioeconomic system that dominated western Europe during the Middle Ages. A primer for writers.

mythicscribes.com

"While the feudal economy was a heavily structured system with layers of control and obligation, shared resources, and authoritarian implementation, there were also aspects of a free market economy interwoven within it. This free market economy is driven by the surplus. Any goods produced beyond what the producer used, or obtained beyond what the receiver used, could be exchanged for other goods or sold for currency."

"Often, as was the case in the Middle Ages, life was difficult even for the wealthier classes. Drought, famine, and disease might wreak havoc on the production levels from year to year. Even landed and titled lords might find themselves falling into poverty; and should they fail to deliver results for their lords, they could often be ejected from their position and have their rank and title stripped altogether. In other cases, their lord might demand rights to any excess, and in this way, a count himself might sit back and grow fat upon the toil of his barons and the blood, sweat, and tears of the people laboring under his lesser lords."

 

[QvQ]

To pay off the money we borrowed from China and Japan and everyone else from treasuries.

I see you understand Feudalism as an economic system. The administrators, in control of the land, had control of everything on the land. The administrators could then dole out whatever portion to whomever. In return, they demanded fealty. In modern parlance that is if you want the government loan or the government grant or you fear the governments men, you will swear an oath and execute the administrators terms. Racial quotas, trans bathrooms are obvious but there are other more subtle forms of control. Government regulations having the force and effect of law are administrative edicts.
Today, wealth is money rather than land as in the past feudal systems. And the government creates and controls the distribution of those zeros.
Taxes, there is some individual wealth remaining. However, most people, either directly or indirectly get their money from the government. Government employees, retirees, welfare recipients. Education is a huge industry subsidized almost entirely by Government. Indirectly, everyone, including the defense industry, railroads, pharmaceuticals all receive government funding. For instance, Biden, as executive, has ordered Pharma to lower prices due to government funding received. This is the way money is put into circulation.
In the case of taxes, it is the government giveth and the government taketh away. A federal employee, for instance, gets a government check and pays a tax. Why pay the tax?
Is it book keeping? Looks like smoke and mirrors, as if there is some system of checks and balances but there isn't. The government can't go bankrupt. The Treasury only has to add more zeros. And it has nothing to do with tax revenues.
The Federal Government could simply tell the Treasury to pay the Chinese interest or pay off that debt.
However since the dollar is the world reserve currency, this system is global. The Dollar through the US debt circulates in China. Through Foreign Aid, and Foreign Debt, the dollar circulates. Foreign debt and Aid are ways to distribute and circulate dollars.
Clever system but why the phony taxes?

 

[Laodicean60]

I see you understand Feudalism as an economic system.

No, I had to look it up, thanks.

 

[QvQ]

You did find a good description of the system.

Any goods produced beyond what the producer used, or obtained beyond what the receiver used, could be exchanged for other goods or sold for currency.

That statement is incorrect in that the administrator could and often did control and direct any surplus. Taxes were common form of soaking up anything beyond what the producer used.
There may be two reasons for taxes.
1) The government is controlling the surplus as was intended by the first inheritance taxes.
2) The local governments still rely on the tax system instituted in an earlier America. For the Federal Government to apportion to each city, county and State, not yet feasible.
But the Federal Tax is meaningless. Inflation is meaningless. The government simply adds "Inflation adjustment" to all. Maybe it will have some relevancy when there are two many zeros for the screens but we all may be billionaires yet. Washington, wave that wand.

 

[Laodicean60]

You did find a good description of the system.

That statement is incorrect in that the administrator could and often did control and direct any surplus. Taxes were common form of soaking up anything beyond what the producer used.
There may be two reasons for taxes.
1) The government is controlling the surplus as was intended by the first inheritance taxes.
2) The local governments still rely on the tax system instituted in an earlier America. For the Federal Government to apportion to each city, county and State, not yet feasible.
But the Federal Tax is meaningless. Inflation is meaningless. The government simply adds "Inflation adjustment" to all. Maybe it will have some relevancy when there are two many zeros for the screens but we all may be billionaires yet. Washington, wave that wand.

This was a quote from the link.

 

[QvQ]

This was a quote from the link.

It is a good article. If "Federal Agencies" were substituted for "Dukedoms" and "Money" substituted for "Land" then we have the Departments of government having authority over segments of society and money being distributed in much the same way the Feudal system worked.
Taxes, except to soak up surplus perhaps, are not necessary. It is only between the States and Federal government that the old tax system is still in play. I would bet there is going to be an apportionment between the States and Feds without the "taxes sent to Washington" "apportioned funds returned to the States." The States are heavily subsidized through SS, SSI, health care, education, highways, all through the Federal Agencies. There is only a vestigial funding by local tax payers for certain State functions but even the police and fire departments get grants.

 

[rambot]

Why would they think that?