Comment on Bank of England begins emergency bond purchase programme to restore stabilityparentComments−thehappypm3yLess spending would help inflation. More spending makes it worse. Lower taxes is madness right now−yrgulation3yAt some point we’ll just work for no money and instead the government will provide, a bit like in communism. Thats where over taxation leads. Inflation means increased taxation while you also get to keep some of the money to you know live a little.−thehappypm3yThis is a huge stretch. Austerity isn’t being called for.. stimulus is being criticized.
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Less spending would help inflation. More spending makes it worse. Lower taxes is madness right now
At some point we’ll just work for no money and instead the government will provide, a bit like in communism. Thats where over taxation leads. Inflation means increased taxation while you also get to keep some of the money to you know live a little.
This is a huge stretch. Austerity isn’t being called for.. stimulus is being criticized.