What do you mean - if US government cuts taxes, value of USD goes down? | Hacker News

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		ClumsyPilot on June 14, 2024 \| parent \| context \| favorite \| on: Land value tax in online games and virtual worlds ... What do you mean - if US government cuts taxes, value of USD goes down?

HPsquared on June 14, 2024 [–]

Definitely. There would be more dollars in circulation for a start. Ultimately the government is the final "sink" for dollars in the system. That and loan repayments (but unlike taxes, loan repayments could be made in any currency).

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