reply on: Taxes or Inflation? \ stacker news ~econ

Inflation w/out taxation

Taxes are literally theft, whereas inflation is only analogous to theft.

Do legal tender laws change this in your view?

They would if we were required to save in the legal tender.

Inflation would be theft if you were forced to store your wealth in any of the $hitcoins being inflated.

If I manufacture glass beads, that doesn't make me a thief just because some idiots, of all things, use them as money.

Exactly right

that was all central america and argentina

Que?

en argentina no pagas impuestos pero hay inflacion. Un paraiso fiscal, verdad?

I'm pretty sure they have taxes in Central America and Argentina.

they do, but nobody pays them.

Tourists do, or at least I did.

not if you go to a cash-only taqueria for example

I'll keep that in mind for my next visit.