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Pastimes : Discussion Thread
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To: c.hinton who wrote (2677)11/10/2008 12:28:35 PM
From: TimF  Read Replies (1) of 3816
 
you raise taxes to choke off inflation ....when inflation is out of controll.

Much better to have the fed act on inflation.

Raising taxes is slow, and then often either won't have a lot of effect, or will have way too much effect. Its a poor weapon against inflation.
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