Tomorrow_Farewell

the center left

As it should.

'Triumph of hope over mathematics'

Fuck, this is so evil

I can't not point out how you spoke well of 'crushing' the USSR and the PRC helping the US bring the rest of the world to heel. At least now you seem to see that the consequences of helping the US are bad.

In any case, I hope that you are incorrect in this prediction, and that this will not benefit NATO.

Still one person passes the filter.

The closest people I have right now I met in infancy.

Satan didn't invade Iraq, Palestine, Afghanistan, Korea, Vietnam, Libya, Cuba, etc., etc., and didn't do anything bad to me personally.

Not the first time they would be showing their ass.

Critical support.

Physical notes and coins comprise only a very small percentage (<10%) of total dollar in circulation

And?

Firstly, you are now just trying to arbitrarily claim that physical money somehow doesn't count.
Secondly, 10% is not a 'very small percentage'. Thirdly, I can just as well point to the fact that the physical Russian ruble sums up to more than 20% of cashless ruble in M0. Now what?

It all happens in the banking system - it’s like an Excel spreadsheet: when you pay taxes, your bank simply subtract the number on your bank account and the add the number on the Treasury account by changing the numbers, which are then deleted on the Treasury side to balance out the sheet (to account for the taxation). They are just numbers - that are deleted (disappeared) once you have paid your taxes

Meaning that, at best, there is no distinction between saying 'money is destroyed' and 'money is taken out of circulation', contrary to your claim that that is not the case.
So far, you have not explained how the analogy of 'money is destroyed' (which is false in the usual literal sense, obviously) is more informative than saying 'money is taken out of circulation'.

It has nothing to do with needing to tax billionaires to fund spending

If you are going to ignore the basics of macroeconomics and claim that governments can just pick whatever budgets they want at any point, especially under capitalism where said capitalists can just hike up the prices or otherwise realise their stranglehold on a given economy, then I'd like to ask why, you think, a government that maintains a capitalist economy can't just say 'no' to inflation? And what do you think would happen in a planned economy if the government were to just issue more money for salaries/wages without raising prices?

The government simply delete the tax money on the “spreadsheet” once it has been paid

So, it's not destroyed, then. It is just removed from circulation.

Read David Graeber’s Debt: the First 5000 Years. It will change your perspective completely on this subject

I have several thousands of pages of very dense material to read as it is (including on finance specifically). I will not have much time for that one for at least a couple of years, and I don't see how that book would change my perspective, considering that 'money is just debt' is literally at best an extreme oversimplification and is overwhelmingly likely not something that the Graeber thought himself in a literal sense.
Also, I am going to note that you were either unwilling or unable to elaborate on what sort of debt counterfeit money is. Also, I am going to note that you have been either unwilling or unable to actually explain how money is 'destroyed' upon being taxed, and not simply removed from circulation.

I maintain that the claim that money is destroyed is silly , and less informative than just saying that money is taken out of circulation.

They are destroyed when taxed

Show me a source for the claim that notes and coins get destroyed or clarify what you mean by money getting destroyed and how that is different from it being taken out of circulation.

Unless I missed how governments routinely waste energy and resources on burning non-damaged bank notes just to make almost exact same things at the same time instead of just re-using them, it doesn't seem like any actual destruction is happening, and all that does is how much money remains in circulation.

Also, money is obviously not literally just debt. It is very liquid capital that serves as an exchange equivalent for goods and services. Also, I'd like to ask, in what sense is counterfeit money - which is still money - 'just debt'?

At the very least, you are being extremely uninformative, and you seem to be either unwilling or unable to elaborate on your claims.

We're down to teach anyone anything

I'd just like to note that I am usually fairly good at studying RPG systems without help. I am yet to need to have another person dedicate time to teaching me relevant stuff.

However, yeah, unfortunately, 5PM EST is not a time I can reliably appear on, even on weekends.

Notably, physical money is still in use.

I maintain that the 'money is destroyed' analogy is silly and uninformative. It is much better to just say specifically what you mean - that money is taken out of circulation.