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by SamPatt 301 days ago
Inflation is effectively taxation.

Here's the University of Toronto's economics lesson on the subject:

https://www.economics.utoronto.ca/jfloyd/modules/inft.html

1 comments

That is a discussion that inflation resembles a tax. And in any case, how does that refute the idea that taxation in general is not a solution? That’s like saying soda taxes are bad so we shouldn’t have income taxes either.
> That is a discussion that inflation resembles a tax.

That's splitting hairs. Inflation is a choice, just like taxes, and, importantly, it's a regressive tax, which helps us understand why the elites love it so much. Inflation shouldn't be mentioned without pointing out that it's a regressive tax.

> And in any case, how does that refute the idea that taxation in general is not a solution?

It doesn't. Nobody claimed that either.

Taxation by itself isn't a solution, but I doubt there is a solution that doesn't involve taxation.

> You’re arguing that because inflation (which is not a tax) is kinda sorta like a tax, therefore taxation in general isn’t a solution?

I can't find anybody claiming anything of the sort.

> That’s like saying soda taxes are bad so we shouldn’t have income taxes either.

Another strawman.