More inflation as seizing assets of savers

October 19, 2010 — Whenever I read an essay about the importance of goosing inflation I see someone arguing that the assets of savers should be seized and distributed to spenders and debtors. For whatever reason proponents never address this perspective.

Perhaps might Marx might explain to me why this is a just outcome. If he cannot, if in fact he doesn’t see this as a just outcome, then why is he advancing it?

— Fred Hapgood (Massachusetts)