3 ms·
Proposing that it is a justifiable tax for investment is very different from saying "the concept of 'a nation can't afford' does not make sense [for] a nation-s
by kbutler 8y ago
Proposing that it is a justifiable tax for investment is very different from saying "the concept of 'a nation can't afford' does not make sense [for] a nation-state with control of its own currency".
It looks like you understand why even a nation that controls it's own currency may not be able to afford nationalized healthcare:
1) because creating and allocating currency inflates prices, it just hides the cost rather than eliminating it
2) because we cannot eliminate the cost by creating currency, cost and benefit of healthcare spending must still be evaluated in comparison to other spending priorities
Good discussion.
- omegaworks 8y agoIf printing the money results in commensurate levels of increased productivity, then printing the money will not cause price inflation. That’s why most nations grow their money supply over time, after all :)