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Debt and (Inflation) Taxes
Published 2 years, 3 months ago
Description
Did you know inflation is on purpose?
Government people would never admit this out loud, but inflation is a tax. They need inflation in order to maintain the borrow and spend system they've set up.
In this episode of the Money Metals' Midweek Memo, host Mike Maharrey explains the inflation tax, how it is levied, and why.