Re:Taxing Extreme Wealth
by m-p-3 on Sunday January 23, 2022 @05:59PM
(#30051482)
> So, the US govt printed an additional $2 Trillion last year. How many people did it lift out of poverty?
It devalues the dollars for everyone, so the rich gets a bit poorer overall (unless they get a substantial slice of that 2T$, which is likely if they take care of some government contracts), while the poor are poorer too.
It devalues the dollars for everyone, so the rich gets a bit poorer overall (unless they get a substantial slice of that 2T$, which is likely if they take care of some government contracts), while the poor are poorer too.