MONEY: Inflation is a hidden tax

http://tslrf.blogspot.com/2009/05/inflation.html

Friday, May 8, 2009

Inflation

*** begin quote ***

This is a backdoor tax because a tax was not passed. You did not have money stolen out of your paycheck and didn’t write them a check but they in effect reached into your wallet and bank accounts and via a loss purchasing power you were essentially taxed.

*** end quote ***

Insidious backdoor taxation. Coming to you very soon!

# # # # #

Please leave a Reply