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It’s Not Just Inflation, The Fed’s Lost Control | Round Up

Supply Shock

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How Much Taxes Do We Think Program Can Extract?

CNN's John Sutter looks back at the transition from Republic to Empire in Rome. The Romans didn't have a good system for administering taxes and putting them to part of the Empire. So they come up with a system called the Publacani, which was supposed to be an "alternative" But it turns out that everyone wants to collect all this enormous tax burden. And then the senators who are supposed to be separate from this create shares.

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