2 ms·
Printing money is monetary policy. Running a huge debt is fiscal policy. You're advocating for more taxation to cover the debt, yes?
by cosmicgadget 7mo ago
Printing money is monetary policy. Running a huge debt is fiscal policy.
You're advocating for more taxation to cover the debt, yes?
- Hasslequest 7mo agoI think their point is that by giving the gov control of monetary policy, you give the executive branch access to an unrestricted lever of taxation. They support "normal" taxation because they are easier to control than inflation