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You get too much inflation that way. Taxation is a mechanism of destroying currency to cause deflation to offset the inflation caused by government spending.
by inigyou 4mo ago
You get too much inflation that way. Taxation is a mechanism of destroying currency to cause deflation to offset the inflation caused by government spending.
- cindyllm 4mo ago[dead]
- Schiendelman 4mo agoI'm not sure any currency gets destroyed. We run a deficit anyway.