We aren’t printing enough money: https://www.lesswrong.com/posts/tAThqgpJwSueqhvKM/frequently-asked-questions-for-central-banks-undershooting https://www.lesswr

We aren’t printing enough money: https://www.lesswrong.com/posts/tAThqgpJwSueqhvKM/frequently-asked-questions-for-central-banks-undershooting https://www.lesswrong.com/posts/tAThqgpJwSueqhvKM/frequently... We can look at France, which used to have a wealth tax, after they elected a socialist in 1981. https://en.wikipedia.org/wiki/Solidarity_tax_on_wealth https://en.wikipedia.org/wiki/Solidarity_tax_on_wealth It not only failed to raise the expected revenue, it was estimated it actually led to a net negative revenue due to capital flight and a higher percent of French people renouncing citizenship. Because it was unpopular and didn’t raise much money, in 2017 it was abolished. There are some types of wealth taxes that I believe can succeed, such real estate taxes and inflation (which operates effectively as a tax on unspent money). How about instead of proposing wealth taxes which have failed in the past and cause strange incentives, we try to hit our inflation targets first?