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That is the same thing the MMT crowd says. MMT = modern monetary theory
They can, but it would hurt the middle and lower class most, due to rising prices and fewer owned inflated assets by those classes.
A temporary wealth tax to balance the budget (with guarantees) is better imo.
They can, but it would hurt the middle and lower class most, due to rising prices and fewer owned inflated assets by those classes.They are. The printed money is distributed through various money-laundering mechanisms to those running the system. They are the only ones who can stay ahead of inflation, and buy up assets for pennies on the dollar. End result if they could prevent an implosion(they can't), would be they own everything, we own nothing. Not lower, not middle, all classes drop to zero, except them.mell says
A temporary wealth tax to balance the budget (with guarantees) is better imo.When has this ever worked? Not just here, but anywhere and any time in history? Don't get fooled comrade.
Nothing to do with communism.
Nothing to do with communism.But you want to take money that you didn't earn, and "re-distribute" it by force right?
give a little back once you're wealthy enough
give a little back once you're wealthy enoughHow much is "wealthy enough"? Over 400k?
But they do pay a higher percentage of their income in sales taxes than richer people do.