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If what you want is inflation... why not just inflate the money supply more directly? What's the point of trying to do so through the tax system?
by jeffdavis 7y ago
If what you want is inflation... why not just inflate the money supply more directly? What's the point of trying to do so through the tax system?
- bsanr2 7y agoLet me flip that: why would you create more money when there's already plenty to go around, just that it's locked up in tax havens, and only used to allow the wealthy to live, effectively, for free? If inflation is a menace, why would we risk the absolute calamity that would occur if disappeared wealth was repatriated after we'd created a bunch more money?