3 ms·
It's all about velocity of money. I'm not sure taxes help, any more than the central bank's monetary policy tries to help. They both are ineffective and both ex
by vmception 5y ago
It's all about velocity of money. I'm not sure taxes help, any more than the central bank's monetary policy tries to help. They both are ineffective and both exacerbate the inequality.
More incentives for spending and investing - the creation of transactions - will accomplish velocity better.