MONEY: Inflation is just plain old theft of your wealth

Thursday, September 26, 2024

https://www.lewrockwell.com/2024/09/no_author/inflation-is-an-intentional-tax/

lewrockwell.com
Inflation Is an Intentional Tax – LewRockwell
Schiff, Andrew J.

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“The best way to look at inflation is a tax. Inflation is what we pay for the government that we don’t pay for with the income tax or the Social Security tax or a sales tax. Basically, the deficits, the Federal budget deficits– we end up funding them by inflation. And those deficits are about to skyrocket. They’ve been skyrocketing. And so the inflation tax is going to be much bigger in 2025 than it was this year regardless of what the Fed is trying to tell us.”

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What else can one say?

“We, The Sheeple” just keep getting the wool over their eyes treatment.

Deficit, Debt, Unfunded liabilities, Gooferment spending!

Argh!

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