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Several pages of freshly printed 20-dollar bills

How ‘functional finance’ becomes heavier taxation

  • Governments want to pay for their debts by printing money
  • This ‘functional finance’ will likely lead to inflation
  • Leaders will resort to heavy taxation, crippling economies

 

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Professor Enrico Colombatto
Asking countries like Germany to step in if Greece, Italy and France default is likely to meet significant resistance
read more about it in the report
What's inside
  • Governments want to pay for their debts by printing money
  • This ‘functional finance’ will likely lead to inflation
  • Leaders will resort to heavy taxation, crippling economies
Who will benefit?
  • Decision makers who want to know the consequences of debt-financed government spending
  • Policymakers dealing with debt and taxation
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