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No Central Bank Wants to Stop Price Inflation
https://www.theepochtimes.com/opinion/no-central-bank-wants-to-stop-price-inflation-5747844Inflation is the perfect hidden tax. The government makes the currency less valuable by issuing more units of fiat money, partially dissolves its debt in real terms, collects more taxes, and presents itself as the solution to rising prices with subsidies in an increasingly worthless currency. That is why socialism and hyperinflation go hand in hand.
Published at
2024-11-09 02:36:00Event JSON
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"content": "\nNo Central Bank Wants to Stop Price Inflation\nhttps://www.theepochtimes.com/opinion/no-central-bank-wants-to-stop-price-inflation-5747844\nInflation is the perfect hidden tax. The government makes the currency less valuable by issuing more units of fiat money, partially dissolves its debt in real terms, collects more taxes, and presents itself as the solution to rising prices with subsidies in an increasingly worthless currency. That is why socialism and hyperinflation go hand in hand.\n\n",
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