In "modern monetary theory" inflation can be offset by taxing the money to pull it back out of circulation. Problem with that theory "to name one" is that they are giving trillions to other countries that we cannot directly tax. So by their own theory inflation is a certainty.
In "modern monetary theory" inflation can be offset by taxing the money to pull it back out of circulation. Problem with that theory "to name one" is that they are giving trillions to other countries that we cannot directly tax. So by their own theory inflation is a certainty.
Magic Money Theory