3 ms·
How does raising taxes help against permanent inflation?
by vorpalhex 5y ago
How does raising taxes help against permanent inflation?
- csomar 5y agoIt doesn't. The OP is confusing MMT where monetary policy is controlled through fiscal policy; and the current state of affairs where they are separate. Collecting more taxes will raise prices, lower your purchasing ability and help the government carry on in reckless spending.