Money of the money
The Government has the responsibility of maintaining law and order, fighting poverty, and ensuring that every citizen has access to basic services. These responsibilities are Statements on money do not include the word ‘government’. That is, since the Government does not have any governmental functions. The Government can’t spend money on things like social programs or wars. Moreover, the Government cannot create new money out of thin air. When you talk about the separation between money and the Government, it means that while the Government spends its money, private parties have to spend their own money as well. Private people who are interested in spending their own money must invest in businesses or develop new products or services themselves. If they don’t do this, then they are said to be ‘separated from the Government and should not have assets or liabilities towards it.
What is the difference between money and the Government?
The basic difference between money and the Government is that in the latter, the Government not the central bank serves as lender of last resort, while in the former, it is the state that provides loans and credit cards to help the public at large manage their money. The state also regulates the money supply and the quantity and quality of money loans and accounts. As a result, the quality of money goes up as well…
