@BrowningMachine @SkoomaPipe @henrydampier but if the change in mx is proportional to the change in money demand there is no inflation tax.
@BrowningMachine @Cpranger12 @SkoomaPipe @henrydampier The techno-economic surplus spontaneously redistributes itself to consumers. ...
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@BrowningMachine@Cpranger12@SkoomaPipe @henrydampier ... Inflation redirects it into the coffers of the State (for political redeployment) -
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