Profstonge Weekly

Profstonge Weekly

Why Tax When They Can Just Print?

Peter St Onge's avatar
Peter St Onge
Dec 20, 2024
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Why do they tax when they can just print it all?

Ask MMT inflationists and they'll say we tax to punish the bad people who have too much money.

Ask most economics professors -- who lean left -- and they'll say taxes lower inflation since they drain private spending so it doesn't compete with government spending.

But the real reason why you shouldn't print…

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