WigglyPickle
WigglyPickle
19mo
by
Student

Noob Tax question.

Since government prints currency..why can't government print a little bit more to run the country...instead of taxing people ?

19mo ago
SillyPenguin
SillyPenguin

Dumb idea

WigglyPickle
WigglyPickle
Student
19mo

Please elobarate

SillyPenguin
SillyPenguin

Your solution increases inflation., look what happened with usa. Govt stopping corruption and using tax money for devolpment instead of giving freebies is the right option.

Only then employment increases and taxes may come down a bit.

But this is fairytale, not going to happen. We will end up like Bangladesh sooner or later.

SwirlyTaco
SwirlyTaco

It is due to inflation. If they print too much money then value of money will go down.

ZoomyMarshmallow
ZoomyMarshmallow
Student
19mo

But US did the same 🌚🌚

TwirlyJellybean
TwirlyJellybean

It is because there is demand for US dollars, all transactions in world happen through dollars. So many countries are ready to buy bonds. But that is changing now.

WobblyCupcake
WobblyCupcake

Google it, you will know.

WigglyPickle
WigglyPickle
Student
19mo

If someone asks you what time is it now..would you say buy a watch ?

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