yes and its imposed my companies that have monopolies on essential goods. they raise prices and stagnate or lower wages.
thank you milton for this lesson in why government intervention via things like widely enforced anti-trust laws are necessary for the market to function
Ahh, fuck right off with Milton.
Interesting take and I get the point but taxation in bare bone terms is nullification of money taxed by the treasury. In this scenario more money is being printed by the treasury to cause inflation. If seen from spending lenses for both taxation and inflation- they both decrease buying power of individuals.
Since the modern society cannot be built without taxation hence inflation is necessary as well ?
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No it isn’t.
yes and its imposed my companies that have monopolies on essential goods. they raise prices and stagnate or lower wages.
thank you milton for this lesson in why government intervention via things like widely enforced anti-trust laws are necessary for the market to function
Ahh, fuck right off with Milton.
Interesting take and I get the point but taxation in bare bone terms is nullification of money taxed by the treasury. In this scenario more money is being printed by the treasury to cause inflation.
If seen from spending lenses for both taxation and inflation- they both decrease buying power of individuals.
Since the modern society cannot be built without taxation hence inflation is necessary as well ?