Re:Italy Braces for Pasta Inflation Amid Soaring Durum Wheat...
by csomar on Sunday September 12, 2021 @01:08PM
(#28502882)
> It's the power of raising taxes what gives money its value.
People can convert their BTC to USD at their obligation day and then your currency is only worth what % you collect in taxes. I don't think taxation will be the model for MMT, and only when you separate taxation, investment (storage of wealth) and daily transactions that you can get a healthy working system.
People can convert their BTC to USD at their obligation day and then your currency is only worth what % you collect in taxes. I don't think taxation will be the model for MMT, and only when you separate taxation, investment (storage of wealth) and daily transactions that you can get a healthy working system.