>Many nation states don't have control over interest rates
And many others do. The State can abdicate such power and it usually does in stable economies where markets can self regulate.
Given a big enough crisis, however, and the State will usually take that power back.
>or even the ability to print money, if they have adopted another currency.
Usually in cases of near total State bankruptcy
>Taking a cut of all app sales and in-app purchases seems very much like a tax under this analogy.
And many others do. The State can abdicate such power and it usually does in stable economies where markets can self regulate. Given a big enough crisis, however, and the State will usually take that power back.
>or even the ability to print money, if they have adopted another currency.
Usually in cases of near total State bankruptcy
>Taking a cut of all app sales and in-app purchases seems very much like a tax under this analogy.
That's an interesting take.