|
|
|
|
|
by acyou
1044 days ago
|
|
Do we levy windfall taxes on farmers after a bumper crop harvest? No, because we assume the profits will be reinvested. How does a bank efficiently re-invest? Does taking profits mean efficient reinvestment? I dont think so. It just means inflation. Windfall taxes just grow the big government. More cost to be directly passed on to consumers at the end of the day. If we don't like capitalism, why not just say we want to ban usury and be done with it? For me, this line of thinking usually ends with: If you can't beat them, join them. As Adam Smith Founding Fathers, and people at the top everywhere would have hoped. Time to get off Hacker News and make my profits soar. |
|
Banks that have more money then they need for operation just indulge more in gambling.