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Wow, inflation
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Posted 10/12/2021 19:55 (#9265654 - in reply to #9265261)
Subject: RE: Wow, inflation

nilbart - 10/12/2021 14:33

it will be a matter of all currencies inflating at an equal or near equal rate, a global inflation. no need to raise interest rates to attract outside investment. Increase taxes on population in various ways, perhaps national sales tax, maybe one reason why feds want to look into bank statements. third world countries may benefit from the global inflation if producers of raw materials.

A national sales tax should be put in place of income tax. It would level the playing field, simplify the system, not punish saving, and people would get to see how much is getting taken from them. Could cut the IRS to a fraction.
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