Pf course rich people are resistent to taxation. That has nothing to do with inflation. And as I underlined in another reply, not expansion of money supply is equal. If people are just buying assets with extra cash, that does nothing for tge price of bread.
Pf course rich people are resistent to taxation. That has nothing to do with inflation. And as I underlined in another reply, not expansion of money supply is equal. If people are just buying assets with extra cash, that does nothing for tge price of bread.
Central banks have been doing QE for decades with little tangible impact on inflation. Total money supply means very little for CPI inflation if all of the cash injection goes to capital assets. Covid-inflation was clearly a break from normal market rules.
Central banks have been doing QE for decades with little tangible impact on inflation. Total money supply means very little for CPI inflation if all of the cash injection goes to capital assets. Covid-inflation was clearly a break from normal market rules.
Granted, I'm not for a 95% income tax, which is gonna do very little about billionaires. I'm not against matching capital gains to income taxes tho.
Granted, I'm not for a 95% income tax, which is gonna do very little about billionaires. I'm not against matching capital gains to income taxes tho.
Maybe we're 10 times more productive, but we also have 10 times more/better shit.
Look, I'm not principally opposed to your utopian vision here, but my point is just that there's not really much to fear about outsourcing.
Maybe we're 10 times more productive, but we also have 10 times more/better shit.
Look, I'm not principally opposed to your utopian vision here, but my point is just that there's not really much to fear about outsourcing.
That argument on its own just seems planely stupid. As tgese countries develope their standard of life goues up too. Look ar Taiwan.
That argument on its own just seems planely stupid. As tgese countries develope their standard of life goues up too. Look ar Taiwan.
If every time this happens, we freak tf out, we create an economy impervious to change.
it's so funny cuz the unemployment rate in the rust belt is actually not even an issue. All the markets ar tight.
If every time this happens, we freak tf out, we create an economy impervious to change.
it's so funny cuz the unemployment rate in the rust belt is actually not even an issue. All the markets ar tight.
We don't.
We have insanely tight labor markets all over the western world.
We don't.
We have insanely tight labor markets all over the western world.
Didn't read it right.
Didn't read it right.
If companies can grow via outsourcing or automation, that just makes our economies way more productive, no?
If companies can grow via outsourcing or automation, that just makes our economies way more productive, no?