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607

That's what inflation is, after all. Consider two scenarios:

  1. You have $1,000 in the bank and the government takes $85 as tax, leaving you with $915.
  2. You have $1,000 in the bank and the government prints $85, making your $1,000 worth $915.

Using #2 is a little more sneaky because people don't make the direct connection, but the effect is identical.

That's what inflation is, after all. Consider two scenarios: 1. You have $1,000 in the bank and the government takes $85 as tax, leaving you with $915. 2. You have $1,000 in the bank and the government prints $85, making your $1,000 worth $915. Using #2 is a little more sneaky because people don't make the direct connection, but the effect is identical.

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[–] 0 pt

Inflation is a stealth tax, in fact, it's even better because people believe the economy is doing well when hyperinflation happens. So they're being tricked using reverse psychology that things are working in their favor.