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"He would still pay his taxes in local currency." But not enough clearly given the lack of saving and underdeveloped productive capacity, otherwise there would

"He would still pay his taxes in local currency." But not enough clearly given the lack of saving and underdeveloped productive capacity, otherwise there wouldn't be inflation. "If you ever experienced hyperinflation you would understand." By analogy because planes crash due to bad piloting heavier than air flight is clearly completely impossible and we shouldn't attempt it. Moreover we should design planes based solely on lurid tales from those who have survived plane crashes and are suffering PSTD from it not by listening to those who have studied aeronautics and actually understand the physics involved. Your experiences may be sad, but you have the cause and effect completely wrong in your mind. Like those who believe 5G causes cancer. What we need are better trained pilots. Preferably those who know they are flying an aircraft, not driving a bus.

rglullis 6y ago
Not paid enough taxes? Is that really what you think it was the problem? That the middle class was not paying its fair share of taxes? How much more you think they should be paying in taxes for the absolutely shitty public services provided? You are right, part of the issue to solve inflation was related with increased taxes. So now the average Brazilian pays taxes like they are in some Western European country, but still get the same shitty public services and we have removed the ability for the middle class to save. > By analogy because planes crash due to bad piloting heavier than air flight is clearly completely impossible and we shouldn't attempt it. No. The analogy is that we shouldn't board into any plane where the pilots have parachutes for themselves but not for the passengers. The lack of aligned incentives between Government (and its elites) and the governed is the problem. > Your experiences may be sad. Actually, no. There is nothing sad about it. Looking back, my (relative) standard of living was never as high as it was then. Two-parent family income was "needed" to afford private schools and our own home, but I'd wager that even if we depended only on my not-college-educated mother salary we would be better off then as the standard single-income family of today. And that comparison applies to even living in Europe like I am today. > What we need are better trained pilots. Yes, the old "We havent't tried real socialism/communism/my-favorite-pet-theory-of-everything". Piss off, will ya?

rglullis 6y ago

Not paid enough taxes? Is that really what you think it was the problem? That the middle class was not paying its fair share of taxes? How much more you think they should be paying in taxes for the absolutely shitty public services provided? You are right, part of the issue to solve inflation was related with increased taxes. So now the average Brazilian pays taxes like they are in some Western European country, but still get the same shitty public services and we have removed the ability for the middle class to save. > By analogy because planes crash due to bad piloting heavier than air flight is clearly completely impossible and we shouldn't attempt it. No. The analogy is that we shouldn't board into any plane where the pilots have parachutes for themselves but not for the passengers. The lack of aligned incentives between Government (and its elites) and the governed is the problem. > Your experiences may be sad. Actually, no. There is nothing sad about it. Looking back, my (relative) standard of living was never as high as it was then. Two-parent family income was "needed" to afford private schools and our own home, but I'd wager that even if we depended only on my not-college-educated mother salary we would be better off then as the standard single-income family of today. And that comparison applies to even living in Europe like I am today. > What we need are better trained pilots. Yes, the old "We havent't tried real socialism/communism/my-favorite-pet-theory-of-everything". Piss off, will ya?