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Politics : Formerly About Advanced Micro Devices
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To: Broken_Clock who wrote (1487743)9/19/2024 10:19:07 PM
From: Qone02 Recommendations

Recommended By
Eric
pocotrader

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Without any taxes, commerce would cease. No doubt about that.

I'll see if you can figure out why. I doubt it though.

I knew you couldn't.

Tell me how commerce would be conducted without, streets, police, fire protection, government regulation.

Go ahead tell me.

I bet you won't.

Similarly, government spending on infrastructure projects or social welfare programs can inject money into the economy, leading to increased spending and a higher velocity of money.

However, certain fiscal policies, such as austerity measures, can have the opposite effect. Austerity measures involve reducing government spending and increasing taxes to reduce budget deficits. This can lead to a decrease in consumer spending and a lower velocity of money.
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