Every year, your total assets are assessed and every red cent required to bring you to below 1 billion dollars is taken.
IF you ended up getting taxed at this rate, a bench gets installed in a public park with a small placard having your name on it. You get to pick the park.
Okay, show me this happening. Because literally every economic crisis I've had the privilege to live through, thanks the the Keynesians, the Chicago School of Business types, and Friedmans, has been associated with inflation.
Show me. Prove it. These economists make claims and don't have to back them up with empirical data or theories that predict future states of the world.
I don't make the assumption something is true because it sounds good and tells a good story. Prove it.
Every year, your total assets are assessed and every red cent required to bring you to below 1 billion dollars is taken.
IF you ended up getting taxed at this rate, a bench gets installed in a public park with a small placard having your name on it. You get to pick the park.