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Strypey /
npub1pww…tc65
2024-08-02 02:40:41
in reply to nevent1q…wej7

Strypey on Nostr: But according to some economic theories (eg MMT), taxes aren't payments at all. ...

But according to some economic theories (eg MMT), taxes aren't payments at all. Rather, like government spending, it's a tool that can be used to regulate the money supply.

Supplies of goods and services growing faster than the money supply, preventing willing vendors making sales to willing buyers? Run a surplus - spend more than you tax - putting more money into circulation.

(3/?)
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