4 ms·
Let’s not forget that when the US governments prints money, it increases asset prices across the board. The government would then tax those “gains”. The problem
by web2sucks 5y ago
Let’s not forget that when the US governments prints money, it increases asset prices across the board. The government would then tax those “gains”. The problem is that those aren’t gains, they are only keeping up with inflation.
- NaturalPhallacy 5y agoThe government prints very little money. 90% of USD doesn't physically exist according to the fed itself. Inflation comes from banks creating money by fractional reserve lending.