Source: /cirosantilli/money-creation-vs-tax

= Money creation vs tax
{tag=Tax}

https://politics.stackexchange.com/questions/73498/how-is-printing-money-different-from-taxing-people

To <Ciro Santilli>, a key observation is:
\Q[[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...

Mentions:
* <Erik Finman>: https://twitter.com/erikfinman/status/1446853065320112130