FamousBike8
FamousBike8
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 ?

3mo ago
Dekisugi
Dekisugi

Dumb idea

FamousBike8
FamousBike8
Student3mo

Please elobarate

Dekisugi
Dekisugi

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.

iron_man
iron_man

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

Pohajalebi
Pohajalebi
Student3mo

But US did the same 🌚🌚

MickieMouse
MickieMouse

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.

Google it, you will know.

FamousBike8
FamousBike8
Student3mo

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

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