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Topic	Politics Containment Topic 397: Rishi Rich
red_sox_777 11/08/22 7:19:24 PM #204:	LightningStrikes posted... Tax cuts are an inflationary move. Just ask Liz Truss. This is a fairly predictable result. Printing money is inflationary. Government spending = tax revenue + government borrowing + printing money - government savings (which are almost always zero). If you lower tax revenue and you do not lower total spending by as much, then government borrowing or printing money go up. Since the government's ability to borrow is based on its ability to pay back loans, which is based on tax revenue, really mainly printing money will go up. And that is inflationary. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red_sox_777 posted [p:969289794] in Politics C... [t:80223249]...</cite> <quote>LightningStrikes posted... </cite><quote>Tax cuts are an inflationary move. Just ask Liz Truss.</quote>This is a fairly predictable result. Printing money is inflationary. Government spending = tax revenue + government borrowing + printing money - government savings (which are almost always zero). If you lower tax revenue and you do not lower total spending by as much, then government borrowing or printing money go up. Since the government's ability to borrow is based on its ability to pay back loans, which is based on tax revenue, really mainly printing money will go up. And that is inflationary. --- September 1, 2003; November 4, 2007; September 2, 2013Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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