Debt and (Inflation) Taxes

<p>Did you know inflation is on purpose? </p> <p>Government people would never admit this out loud, but inflation is a tax. They need inflation in order to maintain the borrow and spend system they've set up. </p> <p>In this episode of the Money Metals' Midweek Memo, host Mike Maharrey explains the inflation tax, how it is levied, and why. </p>