Inflation is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes. A hundred-dollar bill would buy less in 1998 than a $20 bill would buy in the 1960s. This means that anyone who kept his money

Inflation is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes. A hundred-dollar bill would buy less in 1998 than a $20 bill would buy in the 1960s. This means that anyone who kept his money in a safe over those… nitter.net/i/web/status/163…