Mar 23

image thumb117 Inflation is a tax 
Government backed mob feasts on another productive kill

Economist Armen Alchian in 1976:

I believe inflation is inevitable as a long-run trend, with transient, decade-long interruptions of stable or falling prices.  That forecast reflects my view of government.  Inflation is a tax on money.  Like any tax, it will be used.  The more subtle, the less detected, and the less avoidable the tax, the better it is for those with predominant political power and the more surely it will be used.

They want your time & money up to just short of the point you will kill them over the theft.

Look for inflation to rise on everybody, and specific confiscatory taxes to rise on classes of people they can separate from the herd.

We are the sheep. They are the jackels.

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