@justiceseer.bsky.social🔊 #RepeatAfterMe:"There is NO such thing as #TaxpayersMoney💥"
1 #Government has to*SPEND money* BEFORE it can be #Taxed!
2 So,it tells #BankOfEngland to create the money it needs to spend.
3 The #Bank simply creates a "ledger"of #Government spending.
4 #Taxes are THEN paid to cancel the spending!
@roundsparrow.bsky.social