Reply To: Chesed: Forcing the rich to pay for the poor

Home Forums Decaffeinated Coffee Chesed: Forcing the rich to pay for the poor Reply To: Chesed: Forcing the rich to pay for the poor

#1970874
Reb Eliezer
Participant

Supply side economics, voodoo economics, has been shown that it does not work. If there is no demand, deflation will occur with a depression. So it is beneficial for free enterprise that people should have money buy goods and thereby increase demand. By paying more taxes, money will be distributed by government to the poor. If the rich hord their money, it does not help the economy as stated in Gresham’s Law, good money drives out the bad money. Hakesef koneh es hazahav, the good money, gold will be horded and not used as currency rather silver. the less valued will.