International Journal of Social Science & Economic Research
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Title:
IMPLICATIONS OF GOVERNMENTS WORLDWIDE EXCLUSIVELY RELYING ON THE CENTRAL BANK FOR THEIR EXPENDITURE, AS OPPOSED TO GENERATING REVENUE THROUGH TAXATION ON CITIZENS

Authors:
Arhan Madan

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Arhan Madan
The Shri Ram School, Moulsari, Gurugram

MLA 8
Madan, Arhan. "IMPLICATIONS OF GOVERNMENTS WORLDWIDE EXCLUSIVELY RELYING ON THE CENTRAL BANK FOR THEIR EXPENDITURE, AS OPPOSED TO GENERATING REVENUE THROUGH TAXATION ON CITIZENS." Int. j. of Social Science and Economic Research, vol. 8, no. 10, Oct. 2023, pp. 3187-3197, doi.org/10.46609/IJSSER.2023.v08i10.012. Accessed Oct. 2023.
APA 6
Madan, A. (2023, October). IMPLICATIONS OF GOVERNMENTS WORLDWIDE EXCLUSIVELY RELYING ON THE CENTRAL BANK FOR THEIR EXPENDITURE, AS OPPOSED TO GENERATING REVENUE THROUGH TAXATION ON CITIZENS. Int. j. of Social Science and Economic Research, 8(10), 3187-3197. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i10.012
Chicago
Madan, Arhan. "IMPLICATIONS OF GOVERNMENTS WORLDWIDE EXCLUSIVELY RELYING ON THE CENTRAL BANK FOR THEIR EXPENDITURE, AS OPPOSED TO GENERATING REVENUE THROUGH TAXATION ON CITIZENS." Int. j. of Social Science and Economic Research 8, no. 10 (October 2023), 3187-3197. Accessed October, 2023. https://doi.org/10.46609/IJSSER.2023.v08i10.012.

References

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ABSTRACT:
This research paper aims at analysing theways in which the central bank regulates the amount of money that is in circulation and the role of taxation in an economy.The paper also highlights the implications that would arise if Governments across the globe relied solely on newly created money by the central bank instead of taxing its citizens. Through past examples, the paper draws the advantages and disadvantages of this system.

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