0 sats \ 0 replies \ @justin_shocknet 29 Apr \ on: Taxes or Inflation? econ
taxes on production is bad for production
inflation forces savings into production which produces the wrong things
taxes on consumption slows velocity (good for inflation) but is bad for government revenues
So, I'd go with the unlisted option, lock down the economy with a fake pandemic to save the currency for an election cycle through inflating away some debt without increasing velocity