Here’s something for you… (inflation, climate change and wealth)
Edited on May 11th, 2015
On one hand, our governments claim that climate change is caused by man thus it is necessary, nay, it is a moral duty for government to increase the tax and regulatory burden on consumption, vehicles, industrial production and the emission of CO2
It appears therefore that our governments want to penalise society for what is purported to be frivolous thus ostensibly harmful economic activity.
On the other hand however, our governments claim that interest rates must be lowered and our respective currencies devalued in order to spur consumption and economic activity.
Clearly, something is rotten in the state of Danemark.
And here is something else
If by claiming that debts do not matter governments can ask the central bank to create currency as and when needed, then the question that should be asked is why is there a need for taxation at all?