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I mean... I may be wrong about this, but I think its just a gigantic pile of cash.
Its a revenue budget surplus, not like a ... state version of a soverign wealth fund.
Can't be legally 'invested' in anything. It's just locked in as giant pile of cash, with no interest rate, no ability to invest it in one thing or another. Only either do nothing, or spend it on government costs.
You are basically saying 'spend all the money now, because prices will be much higher later'.
But uh... if they just... you know...didn't wipe out a progressive income tax source of funds... that is you know, ongoing, a flow, not a static total...
The state would yes, still have to cope with rising general costs... but this would be augmented by that flow of rising amounts of tax revenue.
If your scenario is agnostic massive inflation, that the dollar goes down in value generally, then it would be much better to keep the flow going, as that will be balanced on both the spending and revenue side by whatever the inflation is.
The inflation would increase both state budget costs and state budget revenues from taxes, as both incomes and sales prices would rise, thus so would income and sales tax revenue.
And then in that scenario, yes, still use the static pool of reserve cash to shore up irregularities in that flow, maybe to help subsizide at a state level some of the rising consumer price burden, or maybe sure, spend it all at once to try to build some kind of massive infrastructure project that generally supports economic activity, or start giving it out as small business grants, or start a state backed entity to provide some kind of locally sourceable vital staple consumer good.
But you can do all that without massively destabilzing your state budget flows by cutting out the income tax revenues.
It is not a 5D move to stop inhaling a third of the oxygen you normally breathe before you use your reserve of calories from eating breakfast to fuel you to go run a mile.
You could... just use those deposited breakfast calories to run a mile... and keep breathing normally the whole time. That'll probably result in a better mile time.
Saying someone is doing a 5d chess move is an over-exaggeration of saying they did a 3d chess move, which means to do something that seems incomprehensible at a glance but makes total sense to someone who understands the rules.
The joke is to insist that if you understood the reasoning, it's actually a brilliant move. But it's 5d chess, a game that doesn't exist (and 5d chess with multiversal time travel isn't really 5d chess, despite the name)
I regularly encounter, and have for the last at least 5 years have encountered, many, many people, who use the term ... whatever stupid number of D Chess move phrase... to genuienly, earnestly describe something they think actually is an extremely intelligent strategy.
... Especially when it comes to large scale economic/political/business strategy.
Yes, a lot of people also use the term sarcastically as well.
... Which is why I asked you to clarify what you mean.
You then replied with further explanation.
You could have just said you were joking at that point, but you did not.
... Now that I have taken your explanation at face value, now you just say you are joking.
Thanks for wasting my time with a schrodingers shit post.
I thought you didn't get the joke, so I made it more obvious... Even in asking for clarification you seemed to be playing along
I don't know what to tell you... This is my favorite form of humor, and even if people don't get it I normally just let them think I'm an idiot and move on
But since you put time into your response, I put in time to explain how to spot this in the future