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> All economy is fragile because it is based on perception. Not really, it’s based on laws, specifically taxation.
by dools 4y ago
> All economy is fragile because it is based on perception.
Not really, it’s based on laws, specifically taxation.
- bradwood 4y agoTaxation is what defines fiscal policy, which is only half the story. You need to take both fiscal and monetary policy into account to get a full picture of the economy as a whole.