[dan85]

If you don't spend any money, the State can print without creating inflation.

Imagine that there are $1000 in the world, and you earn $450 of them. Then you burn all your money instead of spending them. The State can now print another $450 without worries because... you have just been taxed at 100%. Also, investing isn't the same as not spending money.

[jaekwon]

All true, but then the problem is how the distribute the money being printed. Giving everyone X dollars seems more fair than what the Fed is currently doing, but you may disagree.

Also, investing is not the same as spending. Investing, then getting bailed out by the Fed is especially not the same as spending. That was my point.