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I seem to recall that France used to do this -- create money for government spending, taxed money ceases to exist, no need for government debt. But I can't find anything about it, and I don't know if I'm just not using the right search terms.

Has this been put into practice in large countries before?




Is France a small country now?


> Is France a small country now?

Frances’s GDP is 15% smaller than the single US state of California, and its population is only about 1.67x that of California.


Well Cali has 1/7th of the entire US GDP, so it's an unfair comparison. By itself, it would be the 5th largest economy in the world.


It's not, I'm just doubting my own memory so was wondering in general if there was an example, France or elsewhere.




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