Comment on This sign says it all.
lud@lemm.ee 7 months agoThat would increase inflation drastically, which is something governments absolutely don’t want.
They have inflation to be around 1-2%. Less is no good, because rich idiots would just hoard money instead of investing it. More is also no good because saved money would just disappear quickly.
Ottomateeverything@lemmy.world 7 months ago
Tell that to Japan. One of the highest spenders. Still stuck in perpetual for over 20 years at this point.
It’s not that simple.