As far as I understand that’s the definition of fungibility, right? Every dollar is interchangeable and identical?
So there’s no functional difference between deleting $1 and creating $1 except semantics, compared to moving $1, as long as the total value doesn’t change.
The government just deleting money and printing money to pay for whatever it wants suggests that those things aren’t equal, which would be the problem if it were true.
As far as I understand that’s the definition of fungibility, right? Every dollar is interchangeable and identical?
So there’s no functional difference between deleting $1 and creating $1 except semantics, compared to moving $1, as long as the total value doesn’t change.
The government just deleting money and printing money to pay for whatever it wants suggests that those things aren’t equal, which would be the problem if it were true.