Steve Randy Waldman
@interfluidity.com

yes. definitely. you could tax certain kinds of business spending, to reduce the current bid on resources by businesses. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

but it’s a ballsy approach! usually the presumption is business spending sows the seeds of increased production, so disincentivizing it would be counterproductive. you have to be really sure you think data centers or whatever you’re discouraging is toxic! 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

the “orthodox” view would say this kind of taxation is ultimately inflationary, because it kneecaps the future supply side. /fin

in reply to self