So we know Inflation is mainly due to too much money swirling around in the economy and/or price gouging
Is the answer higher taxation on the rich? More price regulations? Or something more nuanced?
I changed the title from Leftist to Soc-dem, cause leftist answers usually mean complete revolution- what's an answer that I can condescendingly tell my centrist friends that will 'fix' the economy without throwing all working economists to :gulag:
The soc-dem answer is to raise marginal tax rates and not do things like PPP because we'd get a lot more stimulus per dollar from things like unemployment checks.