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Do you actually imagine that wealthy people are like Scrooge McDuck with a vaults full of cash in the basement, just sitting there, "doing nothing"?


Quite the opposite. I was saying that I suspect that most people keep their money in circulation, if for no other reason than to negate the effects of inflation. I was saying that if the Scrooge McDuck model were the case then increased taxes from BI would cause inflation, but I don't believe that's the case.

> I don't think that very much of it at all is genuinely out of circulation which could otherwise be brought into circulation through BI taxes


Unfortunately, I think a lot of people believe that.




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