It stems from human tax base (after we mostly eliminated direct government capital ownership when we did away with monarchies).
And human tax base ultimately stems from... the ability to count. Which is the identity question.
People. Assets. Productivity. Profit.
A government which lacks the ability to count cannot have a stable tax base, which increases stability risk and therefore decreases the value of their money.
It stems from human tax base (after we mostly eliminated direct government capital ownership when we did away with monarchies).
And human tax base ultimately stems from... the ability to count. Which is the identity question.
People. Assets. Productivity. Profit.
A government which lacks the ability to count cannot have a stable tax base, which increases stability risk and therefore decreases the value of their money.