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Money creation

Ciro Santilli (@cirosantilli, 37) ... Level of organization of bodies Organ (anatomy) Brain Psychology Economy Inflation
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Money creation vs tax

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Money creation Tags: Tax
politics.stackexchange.com/questions/73498/how-is-printing-money-different-from-taxing-people
To Ciro Santilli, a key observation is:
The rich are more easily able to avoid the harm than poor and middle-class people [...] they are more likely to have large amounts of non-cash assets to shield themselves from inflation.
Clearly the rich will be much, much more shielded by keeping large parts of their wealth in shares... from this point of view, it is insane to print money!!! Tax the rich instead...
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  • Erik Finman: twitter.com/erikfinman/status/1446853065320112130

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