admittedly
i can understand being a copblob
i can't really understand the appeal of being a tax man
🇳🇱
@icedquinn I was friends with a tax man. He turned out to be a POS but I can maybe shine some light on their thinking.
They think they are doing a public service. They arent really anti-rich usually or anything like that. But they do think they are making america a better place by doing a necessary service.
@icedquinn @freemo sweet jesus Pooh, that’s not honey! You’re eating Modern Monetary Theory!
Inflation depends purely on the supply of currency in circulation. To be able to “take away” money via taxes to counteract inflation caused by “infinitely printing” money they’d have to destroy the tax money or at least never spend it, ever. This entire theory is a very roundabout way of stating the simple fact that “government takes taxes to fund its spending” in a way that justifies either a) “muh economy is bullshit, let’s print more money to make everyone rich” or b) “muh economy is bullshit and just a pretend tool of the authoritarian government to do what it wants”.
MMM is interesting because it’s used on both sides of the political spectrum in an attempt to mask bad economy takes.
