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The government gets into a war.
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During the war, the government needs resources;
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it's in trouble; it raises taxes to try to pay for the war,
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but then it finds it unable to collect taxes well.
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People start evading taxes; there's a lot of discord.
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It's just hard to raise money by taxing.
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What the government would do
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is send someone over to the central bank
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and say, hey expand--give us
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just lend us the money.
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You're the central bank, lend us the money.
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So, the central bank would