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> note that inflation is actually a tax on wealth I thought so as well, initially. But it only taxes a very specific form of wealth... money. As such this tax
by Faark 7y ago
> note that inflation is actually a tax on wealth
I thought so as well, initially. But it only taxes a very specific form of wealth... money. As such this tax probably disproportionally affects those unable to transfer their wealth into other forms. Probably once again mostly the poor. Still a valuable tool, but not the great solution I once thought it to be.