4 ms·
You raise a good point that we could really reverse inflation by actually closing tax loopholes and reabsorbing the excess we printed and gave out to the 1%. .
by diob 5y ago
You raise a good point that we could really reverse inflation by actually closing tax loopholes and reabsorbing the excess we printed and gave out to the 1%. . . but like you said, never going to happen unfortunately.
- hgomersall 5y agoIt's likely you can't because the 1% don't really spend excess money, so it's not inflationary. Another important insight from MMT.