Hacker News new | ask | show | jobs
by snappy173 3516 days ago
"Wonderful talk. One thing he called for was a wealth tax, which is something that makes complete sense but is going to be very unpopular. On "

doesn't targeting a higher level of inflation and issuing government bonds basically accomplish this?

1 comments

Nope, because the higher capital you have the more returns you've have on it. Higher inflation impact people with few savings the most.