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If so, there is a way to destroy inflation, its raising taxes. Put taxes on wealth and on secondary homes and non-commercial renting, destroy the money, less in
by orwin 3y ago
If so, there is a way to destroy inflation, its raising taxes. Put taxes on wealth and on secondary homes and non-commercial renting, destroy the money, less inflation. Easy.
- jajko 3y agoNo politician is ever going to do that, not with that reasoning, not so much it would actually matter. Way too many people's wealth would be burned to the ground. We talk avout tens of percents of every populatiin in literally every country. It may be a reasonable advice when isolated from complexity of reality, but at the end its a bit like saying for example: solve all evil by separating / killing all evil people.