Or alternatively realise that there isn't a fixed amount of money and therefore if 'rich people' want to count their coins let them do so. (i) it solves the ca

Or alternatively realise that there isn't a fixed amount of money and therefore if 'rich people' want to count their coins let them do so. (i) it solves the capital accumulation problem (ii) you can accommodate the hoarding by guaranteeing people a job at the living wage, which then injects the right amount of new money, both temporally and spatially, to offset the hoarding. Tax has nothing to do with raising money. Tax is about reducing the capacity of the private sector to hire people so the public sector can hire them instead. If there is unemployment then the public sector hasn't hired enough people or taxes are too high/ineffective. It's never about money. It's always about stuff. Here's how it works[1] [1]: https://new-wayland.com/blog/how-the-job-guarantee-fixes-mainstream-macro/ https://new-wayland.com/blog/how-the-job-guarantee-fixes-mai...