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0 pointsyrgulation3y ago0 comments

They’d mean less disposable income and less spending. Lowering taxes even further is the only way forward.

0 comments

Less spending would help inflation. More spending makes it worse. Lower taxes is madness right now

At some point we’ll just work for no money and instead the government will provide, a bit like in communism. Thats where over taxation leads. Inflation means increased taxation while you also get to keep some of the money to you know live a little.

thehappypm3y ago

This is a huge stretch. Austerity isn’t being called for.. stimulus is being criticized.

cjrp3y ago

Isn’t that the point of raising the interest rate though? Reduce spending, reduce inflation. Doing both at the same time seems like madness.

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thehappypm3y ago

Less spending would help inflation. More spending makes it worse. Lower taxes is madness right now

yrgulationOP3y ago

thehappypm3y ago

This is a huge stretch. Austerity isn’t being called for.. stimulus is being criticized.

cjrp3y ago

Isn’t that the point of raising the interest rate though? Reduce spending, reduce inflation. Doing both at the same time seems like madness.

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