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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (148052)4/27/2019 10:32:04 AM
From: THE ANT  Respond to of 217543
 
Yes if the government would live on that 8% we could get rid of taxes and allow MMT to pay the bill.If the government spent 10% of money supply we would have 2% inflation so 80% of govt spending would be financed by MMT and 20% by an inflation tax on all You would have GDP growing at 5% a year and that would allow for furthur govt spending



To: Maurice Winn who wrote (148052)4/27/2019 10:36:29 AM
From: THE ANT  Respond to of 217543
 
MMT is a very non distortionary tax It doesnt take away the incentive to work. Neither does the 2% inflation tax Why should you pay all the taxes?



To: Maurice Winn who wrote (148052)4/27/2019 10:41:37 AM
From: THE ANT  Read Replies (1) | Respond to of 217543
 
MMT is an optionary tax most of the time. About every 60 years it is no longer an option MMT coming to a country near you


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