• HappycamperNZ@lemmy.world
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    10 days ago

    First, I fully agree the super wealthy need to pay more tax - let’s not get in the way of that.

    Redistribution of wealth would only drive up inflation, not actually fixing the problem of inflation v incomes. Basic supply and demand equilibrium - incomes increase, quantity demanded increases (price goes up), new suppliers enter market to meet this new demand that are willing to accept this higher price… Higher prices and quantity supplied.

    Giving everyone more money to buy food doesn’t magically create space for new farms, especially not in the short term.