Pianist4Freedom
Member
- Joined
- Feb 3, 2008
- Messages
- 132
"inflation tax" as rationale for wealth redistribution if sound money weren't option?
Say we absolutely could not return to a sound monetary policy. In that case, then, does it make (flawed) sense to redistribute purchasing power from the financial elites/government pet corporations back down to the middle class, since purchasing power was already unfairly distributed upwards via the inflation tax?
Say we absolutely could not return to a sound monetary policy. In that case, then, does it make (flawed) sense to redistribute purchasing power from the financial elites/government pet corporations back down to the middle class, since purchasing power was already unfairly distributed upwards via the inflation tax?