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Taxation is a big part of the reason why fiat money has any value at all. By demanding to be payed with its own currency, a government can ensure that the bills it issues will always have demand (because people will need it to pay taxes) and therefore will always have value.
Taxation is a big part of the reason why fiat money has any value at all. By demanding to be payed with its own currency, a government can ensure that the bills it issues will always have demand (because people will need it to pay taxes) and therefore will always have value.
Yes, exactly!