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0 sats \ 15 replies \ @Undisciplined 29 Apr \ on: Taxes or Inflation? econ
Inflation w/out taxation
Taxes are literally theft, whereas inflation is only analogous to theft.
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They would if we were required to save in the legal tender.
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Inflation would be theft if you were forced to store your wealth in any of the $hitcoins being inflated.
If I manufacture glass beads, that doesn't make me a thief just because some idiots, of all things, use them as money.
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Exactly right
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that was all central america and argentina
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Que?
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en argentina no pagas impuestos pero hay inflacion. Un paraiso fiscal, verdad?
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I'm pretty sure they have taxes in Central America and Argentina.
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they do, but nobody pays them.
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Tourists do, or at least I did.
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not if you go to a cash-only taqueria for example
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I'll keep that in mind for my next visit.