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With the amount of absolute financial power they wield and the privileged access to levers of government that they do have, I remain skeptical that they'd be un
by jgeada 4y ago
With the amount of absolute financial power they wield and the privileged access to levers of government that they do have, I remain skeptical that they'd be unable to cause taxes to be raised if that's what they really wanted. But they don't want that, the powers they serve never want that, so it won't happen.
As a way of example, look at all the pre-conditions imposed on weaker economies in the name of "austerity" by central banks of larger nations. Taxes for you good, taxes for me bad.