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    Author Topic: The Coming Global Wealth Tax  (Read 5115 times)
    AnonyMint
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    December 05, 2013, 04:34:36 PM
     #21

    There is already a global wealth tax, its called inflation.



    Yes but that's no longer enough. Expect much more of this in the near future. After all how can you argue you should not contribute and have most of what you own taken help your government fix the economic crisis.

    Inflation is 30-50% in the last few years for USD and EUR (Increase in M3) isn't that sufficient?

    I alos think that a wealth tax doesn't just include fiat but also everything else INCLUDING Bitcoin. So the options will be either paying or tax evasion.

    No because the debasement is not going to pay down debt. QE is ending up as dollar bond issues in the developing world, i.e. it is being used to increase debt.

    Please learn to use correct terminology. Increases in the money supply are not inflation, they are debasement. M x V = P x Q. The Q can rise while M is, so no rise in P.


    Excuse me? It's you and most of the rest of the world who are using wrong terminology. Inflation is the increase of total outstanding. So inflating gold would require making more gold. They trained you to believe inflation means something else to get you to accept their global scam but inflation is just that and it not 2-3% per year they lead you to believe.

    Don't believe everything the governments tell you please.

    Incorrect.

    That's just incoherent babbling not really related to the issue at hand. An inflation in the supply of something means that the supply is higher. It is really not more complicated than that. Whatever fairy tale you choose to believe.

    Incoherent to an idiot.

    Amazing that you can't comprehend that when productivity (or output) rises prices decline. If money supply rises at same rate as productivity (or population growth and output), then prices do not rise and there is no inflation.

    We actually had deflation in the 1800s even while the money supply was rising due to private banks creating fractional reserves out-of-thin-air from gold deposits.

    You ignore the measured reality of what happened.

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