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/biz/ - Business & Finance

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17304033 No.17304033 [Reply] [Original]

Is inflation theft? What about taxation? Why do millions of people let it happen?

>> No.17304047

>>17304033
this fucking thread again...

>> No.17304064

>>17304047
Would you prefer another LINK thread?

>> No.17304078
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17304078

>>17304033
good fucking q anon
good fucking q

>> No.17304153

>>17304033
jews

>> No.17304195

>>17304033
Yes inflation is theft. A sneaky wealth tax designed so people won't notice it unlike the retard socialists proposal of an overt wealth tax despite there already being one.
It's easy to avoid though. Just but crypto or precious metals and volia you have value outside the system.

>> No.17304407

>>17304064
I would prefer you kys

>> No.17304436

>>17304033
>Is inflation theft?
No, a stupid question
Obviously it's kinda LIKE theft, but no one is literally taking something someone else owns so it doesn't fit the definition of theft

>What about taxation?
Harder to justify, as oftentimes it is taken by underlying threat of imprisonment, but fundamentally you are giving the govt money voluntarily, at least in America
And the social contract is a thing too
Even though you didn't sign it, there seems to be an inherent agreement that if you live as a citizen in a given land, the people of that land have institutionalized requirements for living on that land that you don't get to shirk just because the way you arrived on that land was by being born there

>> No.17304479

>>17304064
yes

>> No.17304528

inflation is like a hidden tax.
taxation isn't theft, but the mismanagement of our taxes is.

>> No.17304887

>>17304195
>volia
It's spelled wallah

>> No.17304930

>>17304033
majority of people have no idea what inflation is

>> No.17305042

>>17304436
Get a load of THIS faggot

>> No.17305067
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17305067

>have tangible assets
>they're not actually worth more the dollar is just more shit over time

>> No.17305112

>>17304033
They are cucks to their superior Jew master

>> No.17305116

>>17304033
Fractional reserve banking is theft

>> No.17305128

> Baker and Kuperberg said the most compelling economic argument for inflation has to do with monetary policy and the Federal Reserve. "Some amount of inflation — 2%, 3%, maybe 4% — turns out to be very beneficial because it gives the Federal Reserve more ability to boost the economy in a downturn,” said Baker. To fight recession, the Fed cuts interest rates to lower the cost of borrowing money, in order to encourage businesses and consumers to spend and invest more. Since interest rates are calculated in part based on the inflation rate, if inflation is near zero, the Fed doesn’t have much room to lower interest rates further. So a moderate level of inflation gives the Fed the maneuvering room it needs to try to jump-start economic growth

>The second is when it removes the risk of deflation. That’s when prices fall. When that happens, people wait to see if prices will drop more before buying. It cuts back demand, and businesses reduce their inventory. As a result, factories produce less and lay off workers. Unemployment rises, leading to wage deflation. Workers have less money to spend, which reduces demand even more. Businesses lower their prices. That makes deflation worse. For this reason, deflation is even more corrosive to economic growth than inflation.

>> No.17305261

Both are theft. Taxation however can be looked at as a way to mitigate inflation