What is Nostr?
danmott245 / Dan Mott
npub1dxa…hr5h
2023-01-28 22:47:24
in reply to nevent1q…gwz9

danmott245 on Nostr: It's simple: they know that if they print too much money too quickly, the effects of ...

It's simple: they know that if they print too much money too quickly, the effects of inflation would become too obvious and people would start to question the system (as is happening now), so they take taxes to increase their revenue while keeping inflation lower. Likewise if they take taxes, people assume that's where all their money comes from, so attention isn't drawn to the money printer.
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