| Revision as of 03:43, 23 June 2005 edit67.121.189.182 (talk) →Reverted edits by 67.121.189.182← Previous edit | Revision as of 03:52, 23 June 2005 edit undo67.121.189.182 (talk) →Reverted edits by 67.121.189.182Next edit → | ||
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| Inflation tax cannot be confused with inflation according to the original definition. It's a more-or-less intended result of inflation. I think the article is clear enough. --] 02:00, 23 Jun 2005 (UTC) | Inflation tax cannot be confused with inflation according to the original definition. It's a more-or-less intended result of inflation. I think the article is clear enough. --] 02:00, 23 Jun 2005 (UTC) | ||
| I'll merge your opinion of what it means with my opinion, even though | |||
| revert edits back. | |||
| I think you are wrong. We can have both definitions. | |||
| 1. You need to look "inflation tax" up in an economics textbook. You | 1. You need to look "inflation tax" up in an economics textbook. You | ||
| are defining inflation. Nowhere in your definition do you explain | are defining inflation. Nowhere in your definition do you explain | ||
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| 2. Also, your definition is confusing. What does improve position mean? | 2. Also, your definition is confusing. What does improve position mean? | ||
| Position usually refers to location. | Position usually refers to physical location. Maybe an example is in order | ||
| of how this is a tax in your definition. | |||
| 3. Note "Humble fool" does not get it in his comments about this page. | |||
Revision as of 03:52, 23 June 2005
Just copied stuff from Hyperinflation, please feel free to expand (perhaps with direct printing of money for gov'mt use?)
- Just done that. Examples would be nice. Argentina looks like a prime candidate... --Pablo D. Flores 15:37, 13 Jun 2005 (UTC)
The definition was wrong. It was a definition of 'inflation' rather than 'inflation tax'.
There is a difference.
Reverted edits by 67.121.189.182
The definition I gave may have been incorrectly phrased, or restrictive, but it was not incorrect. The one you gave was not clear at all. Note also that the original article (not by me) was text copied from another article, Hyperinflation, which is quite well researched and extensive.
References:
- An article about optimal inflation:
- A short definition (somewhat different, but probably less inclusive):
- A study guide with an overview of inflation (restrictive - defines inflation tax as the government revenue produced by creating money):
Inflation tax cannot be confused with inflation according to the original definition. It's a more-or-less intended result of inflation. I think the article is clear enough. --Pablo D. Flores 02:00, 23 Jun 2005 (UTC)
I'll merge your opinion of what it means with my opinion, even though I think you are wrong. We can have both definitions. 1. You need to look "inflation tax" up in an economics textbook. You are defining inflation. Nowhere in your definition do you explain why or how it is a tax on the individuals. Please move your definition to the inflation page.
2. Also, your definition is confusing. What does improve position mean? Position usually refers to physical location. Maybe an example is in order of how this is a tax in your definition.
3. Note "Humble fool" does not get it in his comments about this page.