I find extremely interesting post asking following question on my wall in facebook. That's,

"Why People Pay Taxes While they can Simply print money out of thin air?"

This is very great point...

Everyone, I am talking about everybody have to at the very least look at the reason why this is actually the case.

I've already my form of the answer to this particular question. In this blog, Let me reveal my opinion / reply to this extremely important question. In order for people to grasp my answer, we shall understand how government collect our money.

Government may collect our hard earned cash from us all to finance its debt in exactly two approaches: 1st: Tax and 2nd: Inflation. Huge majority of men and women usually misunderstand that basically way government may collect revenue is through 1st way: taxation. However, this is simply not accurate. The truth is, tax is simply not major source of how government funds its obligation. First source of this is option #2: via inflation.

And then, question becomes...

How come imposing taxes is not actually employed by our politicians?

Since taxes is apparent to the people, this is not government's favored method to get our hard earned money because even financially uneducated people can actually notice what they're doing to them. Powers that be knows that if they try to demand tax exceedingly to public, they're going to be thrown away from the office.

Hence, Powers that be really loves 2nd option: "Inflation = Money Printing" to fund their debt since simply few people comprehend inflation (Normal people can not see this) and powers that be will get away with many of us by deceiving with this particular method.

Although it looks that second choice is safe to people given that they don't have to pay more taxes, value of all kinds of things will eventually climb considering that there will be even more money in circulation after they print money. These two methods will eventually result in identical result: People won't be able to afford as much.

You are now comprehend there's two main methods for government to get (Steal??) all of our money and here's my answer to this very question. My reply to this is:

Tax is simply a camouflage. In case government doesn't ever tax individuals, public is going to suspect exactly where the heck all those money can come from. Very last thing government wants public comprehend is actually the truth that inflation is actually another form of tax. Government is scared that government can no longer deceive people easily should people of you and I are aware of the truth that inflation is another and most insidious form of taxation...

This is the reason why powers that be never ever shares this to the public considering the fact that continuity of the government depends upon ignorance of public. As long as public of you and I don't understand such matters as economics, finance and money, government continues to get away with nearly all of its false doing simply by taking advantage of our lack of education. And, believe me...

You will not like outcome of the end game...

That is the reason why financial education is crucial for every single individual in the face of the world...

Informed yourself now...

Author's Bio: 

Takeshi "Ken" Yashima is an investor as well as a wealth strategist. His financial education website shares his insight about the current global economic situation as well as the current investment strategies to investors and his subscribers. Download a free E-book and special report at http://www.takeshiyashima.com