3 ms·
"What field of economic thought leads you to claim that inflation can (and should) be controlled by taxing the rich?" Not "the rich" per se, but he is speaking
by rsync 4y ago
"What field of economic thought leads you to claim that inflation can (and should) be controlled by taxing the rich?"
Not "the rich" per se, but he is speaking of MMT[1] which maintains that the government of a sovereign printer (sorry, Argentina) does not need taxes at all because they don't "need" the money.
MMT purports that money is created by "printing" it into existence and money is destroyed by taxing it away.
[1] https://en.wikipedia.org/wiki/Modern_Monetary_Theory https://en.wikipedia.org/wiki/Modern_Monetary_Theory