ID photo of Ciro Santilli taken in 2013 right eyeCiro Santilli OurBigBook logoOurBigBook.com  Sponsor 中国独裁统治 China Dictatorship 新疆改造中心、六四事件、法轮功、郝海东、709大抓捕、2015巴拿马文件 邓家贵、低端人口、西藏骚乱
politics.stackexchange.com/questions/73498/how-is-printing-money-different-from-taxing-people
To Ciro Santilli, a key observation is:
The rich are more easily able to avoid the harm than poor and middle-class people [...] they are more likely to have large amounts of non-cash assets to shield themselves from inflation.
Clearly the rich will be much, much more shielded by keeping large parts of their wealth in shares... from this point of view, it is insane to print money!!! Tax the rich instead...
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Ancestors (11)

  1. Money creation
  2. Inflation
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