[mindslight]

> then use whatever mechanisms they have to take enough money out of the market to keep inflation in check.

What mechanisms would these be, if not taxes?

The other main contemporary mechanism is raising interest rates, which only works on money that has been previously loaned out at a lower rate, and thus isn't a long term sustainable mechanism for recapture.

[nico]

Great question. I don’t know, that’s why it’s a fantasy.

But I’m guessing that taxes isn’t the only or even the biggest way in which money is taken out of circulation.

In fact, if you ask google “how is money taken out of circulation?”, the first few answers don’t mention taxes at all.