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Government prints as much money as it needs to pay itself. Now inflation and interest rates might be different type of pain but at least it's not the same pain
by GloriousKoji 6y ago
Government prints as much money as it needs to pay itself. Now inflation and interest rates might be different type of pain but at least it's not the same pain of filing taxes, figuring out laws or finding someone to do that for you.
- oblio 6y agoOr you know, you could simplify filing taxes?
- int_19h 6y agoThis would be mathematically equivalent to a wealth tax on savings in cash or cash-equivalent, no? Meaning that the burden would fall mostly on those who have enough money to save it, but not enough to invest into real estate etc.