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thoughtcrimeboss
@thoughtcrimeboss
Why do you think high taxes reduce money supply? that money just gets spent by the government on killing people and $10k toilet seats, it doesn't get deleted. True, stimulus checks were just a drop in the massive lake of dollar devaluation. But tax breaks don't devalue currency, that's not how that works at all, in any universe. The federal reserve increasing the supply of currency devalues the $ more than any other cause. The supply of dollars literally increased by 40% in 12 months during Covid. 40% of all dollars in existence for all time were conjured out of thin air by the Fed in one 12 month period, imagine if ETH's supply did that, what would happen to the purchasing power?
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