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FW: Money, Taxes, and Government Debt





Is cash ever acceptable to goverment as a means of payment? If it is never
acceptable then it is legitimate to insist on an inherent distinction
between "state" money and "bank" money. Otherwise there is only one (state)
money. The *apparent* difference is due to the system of payment that  acts
like a financial fire-wall *effectively* dividing one money into two kinds.




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