What is Nostr?
Dave Johnson /
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2024-06-09 10:03:35

Dave Johnson on Nostr: I wish medieval gold-standard economics would finally disappear. We no longer have to ...

I wish medieval gold-standard economics would finally disappear. We no longer have to round up or borrow gold to pay for things.

But we still have people believing in witches, etc. So I guess superstitions do hang on.

But if you're still stuck on "taxes are revenue" & "printing money is borrowing" then:

Top tax rates used to be 90%. Top corp rates used to be much higher as well.

If you restore those tax rates you can "pay for" healthcare, military, social programs, pensions.

#money
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