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No, I do not think it will have as strong an inflationary effect as that because the money would come from increasing tax or reducing other expenditure so the n
by graemep 1y ago
No, I do not think it will have as strong an inflationary effect as that because the money would come from increasing tax or reducing other expenditure so the net amount the government is injecting into the economy (less what it takes out by way of tax) would not change.
- gosub100 1y agoif you can convince the people to vote for higher taxes paid by corporations or ultra-wealthy, I'm all for it.