The Lifecycle of the Substitute and Its Purchasing Power, 8

End: Supposing fiat debt money ever ceases to be, that is, to have its face value, such a demise implies there is a definite moment in which it occurs, and that in turn implies its purchasing power vanishes from someone’s hands. Anyone can destroy money in one’s possession, and anyone would do so against one’s own interest, but only its issuer may do so without an actual loss: if you, I or a non−sovereign government, all of us devoid of issuing power, destroy a banknote, we lose the actual purchasing power we exchanged for that banknote; if the issuer does, it only loses a tool to exchange actual purchasing power for a nothing that cost nothing to produce. When the issuer is a sovereign government, that is, equipped with issuing power, rather hypothetical occurrence these days, or much more realistically a central bank, a private monopolistic business wolf disguised in a public service sheep clothing, it would withdraw money from circulation adducing the aim of avoiding inflation caused by too much money in circulation compared with the existing exchangeable valuables. Such a circumstance raises the issue of how would such an entity put its hands on the money targeted for extinction, since it would probably be mostly in the hands of people. As to this, taxes are merely the form of extortion and robbery more disguised with justifications, nothing else than a Trojan horse; instead of plainly ripping the money from the hands of people by force or by declaring it no more legal tender, the very problem is sold as the solution: the parasite weakens the organism by drawing blood through fiat debt money, then, as the cure for the anaemia, instead of its own removal it commands blood transfusions… of blood taken from the same anaemic organism, and then re−injected in it after an appropriate deduction for interests and bribes.
As the surefire tax therapy is the prerogative of governments, governments are the primary target of infinite debt traps; it ensues why you’re going to find as the standard setup governments as mere perpetrators and the owners of fiat debt money, central banks and commercial banks as covert instigators.