How is printing money different from taxing people?

The Politicus
Jun 07, 2022 03:16 PM 0 Answers
Member Since Sep 2018
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From what I understand, printing money gives the government more money while, in time, decreasing the value of the rest of the money in circulation (or reducing how much the value of the currency would otherwise have grown). In principle, it takes economic value from the country and gives it to the government, which from seems like basically the same thing as increasing taxes. So, is printing money any different from taxing people?

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