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Originally Posted by roachboy
maybe this would be an interesting moment to revive the tobin tax.
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Originally Posted by google
A Tobin tax is the suggested tax on all trade of currency across borders. Named after the economist James Tobin, the tax is intended to put a penalty on short-term speculation in currencies. The original tax rate he proposed was 1%, which was subsequently lowered to between 0.1% and 0.25%.
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So, I'm completely clueless about economics. How would a Tobin Tax help to moderate the current mess?
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"Sometimes I have to remember that things are brought to me for a reason, either for my own lessons or for the benefit of others." Cynthetiq
"violence is no more or less real than non-violence." roachboy
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