Money creation vs tax
ID: money-creation-vs-tax
To Ciro Santilli, a key observation is: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...
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.
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