other options involve the govt actually trying to get involved in sorting out the problems causing the current inflation, which aren’t money-supply, and aren’t wage related, and that’s why rates aren’t very effective,
Taxing excessive speculative gains made with leverage is a good example.
Another example would be the govt tying the best credit to housing that is actually built and suitable.
So, if you borrow just to speculate on existing housing, you’re taxes back to zero gain. But if you borrow to build new suitable housing, you’re allowed to profit.
We have about 50 years of history of govts pretending they can’t do anything.
other options involve the govt actually trying to get involved in sorting out the problems causing the current inflation, which aren’t money-supply, and aren’t wage related, and that’s why rates aren’t very effective,
Taxing excessive speculative gains made with leverage is a good example.
Another example would be the govt tying the best credit to housing that is actually built and suitable.
So, if you borrow just to speculate on existing housing, you’re taxes back to zero gain. But if you borrow to build new suitable housing, you’re allowed to profit.
We have about 50 years of history of govts pretending they can’t do anything.