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Have you ever seen this graph?
Is this is a well known graph in the Government Accounting Office?
- And they say that money issued by the government
is recorded as a liability on the balance sheet.
The reserve notes aren’t accounted for as liabilities?
It must be accounted for somewhere on the balance sheet?
What is Modern Monetary Theory, and is there anything you
know of that they say that’s factually wrong or inaccurate?