> That's right... a government could have zero tax and just 
> print money.
> cc

That would of course also be taxation. It would be 
interesting to carry that through to its logical conclusion 
and see what effect it would have if carried out such that 
the "wealth" artifically produced in that manner did not 
exceed a level which would otherwise have been taken as tax. 
It's well known that when governments just 'print money' 
arbitrarily that the system falls apart, but I don't know 
how the cost gets distributed when it is done in a 
controlled manner.


        Russell

-- 
http://www.piclist.com PIC/SX FAQ & list archive
View/change your membership options at
http://mailman.mit.edu/mailman/listinfo/piclist