Message from @Sectator Pragmaticam Lex
Discord ID: 635995017877520384
its not like this rich fucko's are actually paying that much though XD
We have certain things called vice taxes or sin taxes, like cigarettes, alcohol, gambling, etc. The point of a sin tax is to dissuade people from that sort of behavior, because whatever you tax, you reduce. So what does it say that we tax things like income and investments? <:Pepe_of_akkad:462279833511264257>
If you truly wanna punish the rich, you should implement a sale tax (VAT tax) since rich people have more money to buy stuff and thus will pay more in taxes.
Inflation is just a tax on savings
you say that as if inflation on the US dollar was a major concern
@killsode-slugcat I believe this is what you were looking for:
https://www.youtube.com/watch?v=ucoP4-06O7M
try getting paid in argentinian peso
inflation isn't mandated and set by the state, though, unless you're a communist
Inflation is a byproduct of the money supply, particularly increasing it
If anything, the price of stuff should go DOWN over time as technology improves and automation increases
so an economic terrorist might take a big pile of money and burn it on a barge somewhere
or, if you live on a country with govt riddled with backwards retarded socialists, country's own economy losing value and being unstable as shit
would that send the prices up or down?
The Dark Knight version of Joker actually created DEFLATION
hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
<:thinking_clown:590855640268668928>
Value of money would theoretically increase if you burned some
Basically you're making everyone other than you marginally wealthier
I'm having very unhealthy thoughts about this, someone tell me its not that simple, please
Inflation just means that your purchasing power decreases. Your purchasing power is a product of supply and demand, which in turn is based on how many dollars are in circulation (print more $$) versus how much people want to use them for exchanges. More currency in the system, the less each is worth. It's Econ 101, really.
Literally econ 101
If you take an econ 101 class, they will teach you that
@Jokerfaic If it makes you feel any better, I think it's probably illegal to burn cash
Nnnnnnnnnnnnnnnnnot gonna stop me
....whose money are you burning exactly?
It is a federal offense to deface or destroy US currency
no one actually gets prosecuted for this however
good question
*prosecuted
If you've got money to burn, you could always give it to me. I'll take those worthless pieces of paper off your hands. <:dapperTROLL:437819063545233408>
Imagine stable currency
You spelt crypto wrong
I said currency
I stand by what I said
Crypto currency IS currency
I mean, keynsean economics literally call for inflation as a tool to discourage savings because savings are bad for gdp
Crypto currency is fucking economic terrorism
Crypto has a lot of issues and we are at LEAST twenty or thirty years from anything useful