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A comment on Ask HN: What scientific phenomenon do you wish someone would explain better?. Parent comment

Re:Ask HN: What scientific phenomenon do you wish someone wo... by nicoburns on Monday April 27, 2020 @09:15AM (#22995501)
> - why tax people?

Printing money is actually more or less equivalent to a tax, because it reduces the value of the existing money supply.

> - Can't we just print enough money for everyone and live happily ever after?

No, because printing money redistributes wealth, it doesn't create it.

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Re:Ask HN: What scientific phenomenon do you wish someone wo... by odyssey7 on Monday April 27, 2020 @06:29PM (#23000870)
Not just any tax, but a wealth tax affecting anybody who has US dollars, regardless of their citizenship or location.
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Re:Ask HN: What scientific phenomenon do you wish someone wo... by mtrovo on Saturday May 09, 2020 @05:45PM (#23128552)
That's a really good point and I never thought about it this way. It just makes me think how powerful is for US the world relying on dollars as an international currency.
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Re:Ask HN: What scientific phenomenon do you wish someone wo... by henearkr on Monday April 27, 2020 @11:54AM (#22997003)
Yes! Exactly. This is what I tried to explain in another comment.
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