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Author Topic: this pandemic have made me do research on things i never tought before economy  (Read 492 times)
Xinarae*
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December 05, 2020, 02:34:44 PM
 #61

The epidemic has affected the country's economy and the general public, the new year will see a lot of economic development. The government is taking much tougher measures to tackle the virus to improve the economy. The general public has suffered a lot and they have now learned to control it. In order to normalize the situation of the world economy, the industrial organizations have increased the amount of income in the welfare of the economy. Businesses that were closed have been reopened.
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December 05, 2020, 02:46:32 PM
 #62

Actually there are several ways to control high inflation other than by imposing crazy taxes, such as if the rich want to spend their money to buy assets in the form of securities and others, so that the value of money will remain stable even though it is already low after the pandemic. regulations for buying securities through banks can also be done through the government by issuing letters for rich people with certain wealth values
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December 05, 2020, 09:05:58 PM
 #63

This whole idea of taxing the rich is always well received by the masses but how are they going to do it? They can easily increase the amount that theoretically rich people will have to pay in taxes, but do you think they are going to sit down doing nothing while politicians pass this law? Of course not, they will use their influence to block such new taxes and even if they cannot do so they can modify the law enough to create holes in it and allow them to use those very same holes in the law to not pay those taxes, effectively making useless any attempt to tax them at an higher rate than what they are paying now.
In theory they say the riches are going to pay higher taxes, but in fact the middle class is the one going to be sacrificed, as always. The elites put the knife in government's and congress' necks and get all they want from them, but the middle class doesn't have the same *persuasion* power, while the poors (the masses) can't be charged by the state, as the leftwing needs their votes to maintain themselves ruling.
Leftists hate middle classes because they are the only independent force of a country, which built and conquered their patrimony by their own effort, it's the only class which offers resistance to government's abusive regulations and taxation policies.
That is what it always happens at the end, those that are poor cannot pay taxes and those that are rich are never going to pay the taxes they are due, so all falls on the middle class because they have too much to lose but not enough to avoid those laws, the problem is that sustaining a country by charging huge taxes to such a small section of the population is a big problem in itself because the bigger the taxes the bigger the amount of people that stop being middle class and become poor creating a vicious circle that eventually leads to a huge crisis as governments are unable to sustain themselves anymore.



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December 06, 2020, 12:05:57 AM
 #64

It's hard to know what you are even trying to say because it looks a bit non-nonsensical, but it looks like you read a bit about hyper inflation and decided that somehow every country in the world will be effected in such a way without any evidence to back it up. If you are going to come up with such a random hypothesis, it is better to explain how you came to that conclusion than ask other people to come up with the proof for you.

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AicecreaME
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December 07, 2020, 10:54:29 AM
 #65

Indeed. This pandemic crisis really paved way to discovering new things and going out of our comfort zone because of uncertain situations. It pushed me to research about the things i usually disregard prior to the occurrence of covid-19 virus. One of the best example is researching and exploring concepts and facts about the economy of each countries as well as global impact of the pandemic.

The pandemic has its blessings in disguise to some of us. In my case, I become more aware and updated about the relevant issues and problems that need to be addressed like taxation, unemployment, economic growth and decline, inflation, and value of money.
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December 08, 2020, 06:29:40 PM
 #66


The solution: possible solution is highest taxes we ever seen in life.
According to all calulations analysis and mathematics the high taxes are only solution keep fiat currency alive.

i might be wrong but let me know guys.


It is one way, but it will greatly affect the development of businesses in the long run, even the high tax will make many businesses go bankrupt because they cannot afford to keep the business. their. This is how many governments use it, and it always has a big drawback.
So before the government implements this high tax policy, big businesses are looking to Bitcoin to prevent inflation. MicroStrategy again suggested spending $ 400m to buy Bitcoin and hold it for five years, i find this a much smarter strategy. Grin
Link to news: https://www.microstrategy.com/en/company/company-videos/microstrategy-announces-proposed-private-offering
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