This is Nathan Forczyk's Typepad Profile.
Join Typepad and start following Nathan Forczyk's activity
Join Now!
Already a member? Sign In
Nathan Forczyk
Recent Activity
Great post - I have begun explaining the same thing in a slightly different way, but maybe you guys can tell me if its wrong. Why doesn't the US government pay for its expenses by printing out money and stopping all taxation? I think in the simplistic view, there ought not to be a difference. Taking a % of a dollar in taxes shouldn't be that much different than degrading the value of a dollar. But they're not the same. Human's hate quick changes and permanently higher inflation would cause a much higher level of market anxiety and uncertainty. It should be the same, but its not. Its much less scary to investors and consumers if we take a % in taxes and have lower inflation than if we take it the same way indirectly. Does this make any sense? Am I wrong or delusional on this explanation?
1 reply
Nathan Forczyk is now following The Typepad Team
Aug 9, 2013