LukeAlmighty 🇨🇿 @LukeAlmighty@gameliberty.club

@wowaname

@racuna
Oh... You're talking now a few levels higher then was my original point.

Yeah, the Keynesian theory is pure BS and you cannot create a value by printing money. My point was only that you cancollect money using inflation.

IF you take 15% in taxes, while causing 2% of inflation by printing more, you have collected 17% without normies noticing.

And of course, if you destroy the entire value of money by causing 10% inflation rate, of course it will destabilize economy.

I guess we both understand each other now?

@vivianrose
"it"
Do you wanna trade for that dragon?

@racuna Yes, you are right. The purchusing power of your money will not be affected by taxacion. BUT you will have less of these money, meaning you will end up the same way.

The point of taxes is to collect a purchuse power. There are two ways of doing that. Either you collect money of that value, or you print so much money, the decrease of all money will be in total decreased by that value.

My point is, that printing money is a legitimate (and used) way of collecting taxes. The fact it causes inflation is just another phrase meaning "they are taking my total purchusing value". But that is the entire point of taxes anyway.

@racuna No, they are not the same, but they do have the same effect of wealth transfer.

The wine analogy is actually quite perfect. You need to collect 1/2 a glass of wine from the people. If you take 1/2 of the single glass the people have, you both have 1/2 glass of wine and the wine remains pure.

On the other hand, if you add 1l of water, mix it and both sides keep 1l of deluted wine, you have colected 1/2 l of "value" while the people still keep their 1l of wine.

The transfer of value can be done through money printing. The inflation is just an indicator of how much of the transfer did happen. Saying there is a difference is just a semantics at that point, since the value transfer did occur in the same way as if the money were collected.

@racuna Because printing money is EXACTLY the same as taxing, except you have to use more paper every time.

The good thing about printing money is that the inflation it causes is an equal tax that is based uppon the money owned, but it cannot be turned into a progressive tax AND increased inflation decreases trust in your currency, causing decrease in investments and economic growth.

Yeah, I am writing a test on this shit in 4 days, why do you ask?

Damn... I love youtube. You never know what you'll find. Of corse, porn is too dngerous, but you can find these perfectly safe videos without problems :D

https://www.youtube.com/watch?v=zVhQOhxb1Mc

https://www.youtube.com/watch?v=MnW7DxsJth0

@Terry
Nah... Now I just hear "people who say all lives matter just don't get it" and of corse the burning house analogy....

You know you're talking to a brainwashed sheep when every one of them says the exact same example to explain their "unique experience".

@Terry
"blACk lIves matTeR doeS NoT Mean THAt WHITe lIVes dOn'T. Of courSe wE KnoW aLl lIves MaTTEr BUT blAcks fAcE MOrE prOBlems..."

@ChristiJunior

Youtube is a parasite. They are unable to make money even from a position of HARD monopoly, since they are unwilling to stand up to journalists and make youtube into an advertisement haven.

So it's logical, they are throwing even more money away. They have no concept of economical utility, so this kind of behaviour is just another result of that.