I don’t get it. If an organisation loses its tax-exempt status, it will have to pay tax. This would definitely be bad news for the organisation. But how does it ‘kill any nonprofit’s ability to function’? Why would they be unable to get banks to service them or get donations? Is it just hyperbole, or am I missing something?
Won’t deflation increase the value of money, and so enrich those with accumulated money more than those barely scraping by?