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<blockquote data-quote="wkmac" data-source="post: 2924944" data-attributes="member: 2189">Or the US Govt and Federal Reserve policy could take the economy into inflation mode which might also serve in some respect to do that.&nbsp; And the govt would have an interest in doing this as well as a cheap way of paying down the debt by means of reducing the Debt to GDP % ratio.&nbsp; Inflation would also boost total tax revenues so there is that as well.But over the longhaul, it would still be the poor and the working class who would shoulder this burden as inflation is nothing more than another form of taxation by means of monetary devaluation.&nbsp; I find it interesting that in the 20th century the US entered a policy of centralization as a means of efficiency among other things and seems to me as society became more centralized, so to did wealth also follow this trend of consolidation.&nbsp; Maybe the real secret to spreading the wealth is the opposite direction of centralization and that be de-centralization.&nbsp; An idea quite frankly that neither political party in Washington seems willing at all to embrace.&nbsp; De-centralization also means de-centralization of power too.</blockquote>

[QUOTE="wkmac, post: 2924944, member: 2189"] Or the US Govt and Federal Reserve policy could take the economy into inflation mode which might also serve in some respect to do that. And the govt would have an interest in doing this as well as a cheap way of paying down the debt by means of reducing the Debt to GDP % ratio. Inflation would also boost total tax revenues so there is that as well. But over the longhaul, it would still be the poor and the working class who would shoulder this burden as inflation is nothing more than another form of taxation by means of monetary devaluation. I find it interesting that in the 20th century the US entered a policy of centralization as a means of efficiency among other things and seems to me as society became more centralized, so to did wealth also follow this trend of consolidation. Maybe the real secret to spreading the wealth is the opposite direction of centralization and that be de-centralization. An idea quite frankly that neither political party in Washington seems willing at all to embrace. De-centralization also means de-centralization of power too. [/QUOTE]

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