>>12827726Hes wrong because its equivalent to print and tax to prevent inflation than to just tax to pay for government expenses.
Truly the way the government prefers to soak up excess money is not with taxes but with mandatory pension, huge amounts of money need to be spent on a combo of bonds and stocks. The money for bonds serves the same as taxation, and stocks just keep going to the moon until insiders sell during the planned 10-year stock demolition they do, the profits just go into housing, which also keeps going up but its a bigger market that can soak it up for many decades.
