What "Tax the Rich" Really Means
Tax the Rich
Print an Escape?
Lacalle generally has a Libertarian view. So do I.
That does not mean I agree with all of his posts. We strongly disagreed over Catalonia. I favored the separatists. Lacalle, from Spain did not. I agreed with him that the socialist views of the separatists were flawed, and the same applied to Greece.
Yet, the correct Libertarian view is anti-state.
I hold no grudges as I voted for Trump even though he is far removed from being a Libertarian. It was the lesser of two evils. I suspect Lacalle made a similar judgement.
Missing the Boat
Occasionally, Lacalle misses the boat. Here is a Tweet that explains.
It is a huge flaw of Twitter that I cannot track my own replies.
I responded with this: Velocity of Money Picks Up: Inflation Coming? Stagflation? How About Deflation?
My point is to not disparage anyone, but rather to point out that it is impossible to find someone with whom you agree all of the time.
I assure you that I do not agree with myself all of the time.
If you are looking for someone economically intelligent to follow, @dlacalle_IA is one of my top choices.
Mike "Mish" Shedlock