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A comment on Treasury Dept. Seeks to Track Transactions of Personal Bank Accounts over $600. Parent comment

Re:Treasury Dept. Seeks to Track Transactions of Personal Ba... by adolph on Friday September 17, 2021 @07:56AM (#28564383)
Inflation is the tax or negative interest rate on cash.
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Re:Treasury Dept. Seeks to Track Transactions of Personal Ba... by ocbyc on Friday September 17, 2021 @11:35PM (#28573428)
Why spend all this effort on direct taxation, when they can print the tax. Plus, inflation acts as a proportional tax. The more dollars you have the more the tax effects you.
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