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by doppelganger27
2642 days ago
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I'm no expert on this, but I think that wording suggests that the government's goal is to tax, but it seems to me that a government really wants to spend. My understanding of MMT is that it removes the direct relationship between the ideas of spending and taxation, instead tying them both to inflation. Spending increases inflation by adding currency into circulation, and taxation decreases inflation by removing it from circulation. Although I'm not sure how that fits into a one-liner :) |
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