Tax incidence, MMT, and attention whores.

[Kuciwalker]

Let's say the US government told you that you could pay your taxes in gold, or any one of the 6/7 major currencies. Do you think this would make a lick of difference?

That would magnify any exchange rate fluctuations in the direction of a weaker dollar. I don't see how the dollar possibly retains its value in those circumstances.

edit: rethinking this for a moment

edit2: in any practical scheme the government would have to publish the exchange rates it would accept some time in advance of the actual payment of taxes. Any fluctuations in the intervening time would be magnified.

[Tupac Shakur]

Your thrilling discussion is over for the time being, Kuci.

[Docfeelgood]

******* got banned for 5 days

[DaShi]

Your thrilling discussion is over for the time being, Kuci.

Meh, they were both totally wrong anyway.

[Guynemer]

Oh, suck it, *****tits.

[Tupac Shakur]

Great title.