@bronwynwilliams How is inflation regressive, if I might ask? Seem like it would lower the pain of debt repayment while lowering the value of cash savings held by the rich? I thought this was the goal of AOC & other MMTers?
Replies and quotes that continue this note
More notes on nearby ideas
Reply · Oct 4, 2022@TACIXAT @0xHyperbart @jeetsidhu_ Yes I like this- no tax just spend, the resulting inflation is the “no free lunch” that takes from the rich and…Reply · Nov 8, 2024@liminal_warmth sighhhh yeah, maybe inflation was the lesser evil but admit the tradeoff at leastEconomicsRepost · Feb 10, 2022RT @Noahpinion: If money is memory, inflation is forgetting. Rising prices are eroding national debt and household debt, and partially er…Reply · Sep 1, 2021@PareeDave @wmui1 @David_Charts @mattyglesias Not over 50 million, but give inflation a few year... I certainly expect to get there in my lifetime and…