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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (79702)6/16/2002 9:40:41 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
Marvin Goodfriend he be know friend of mine. Pass that as a law and i am ready for the second Boston Tea party, a second revolution:) Fortunately the idea is so revolting it will go no place.
Next you know they will put a body tax on a person. If it is found you use it too long you have to pay a heavy tax to continue living (not to pay the tax will be a mandatory death penalty because living too long would have been degreed as detrimental to the economy unless those who do live pay up, big time)---this is called horror sci-fi. Max



To: Les H who wrote (79702)6/17/2002 7:55:14 AM
From: SirRealist  Respond to of 99280
 
>>But if the government taxes the currency holdings of individuals and banks through an occasional carry tax, they may be inclined to lend money even at a negative interest rate in order to avoid holding on to it. <<

So they're saying if you don't voluntarily invest your money where it'll lose value, they'll assess a penalty that'll lose ya more value.

Oh yeah, that'll restore faith in banks, the dollar and government. <eyeroll>

That proposal, if it goes anywhere, will make me barter using pretty rocks and vegetable seeds.