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Is it?
(lemmy.blahaj.zone)
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this post was submitted on 26 Mar 2025
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Well, yeah, but because they don't want to increase monetary supply to keep inflation in check they need to tax you to fund their programs
They do increase the monetary supply though, in 2008 it was .9 trillion, in 2020 it was 6.4T, and now it's 5.6T.
Turns out inflation doesn't quite work the way most economics courses teach. That may be related to the way billionaires fund a lot of university's economics departments.
I didn't say they aren't increasing it at all, just that they aren't doing it for all their needs.