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Yes, all taxation is theft, but inflation is a tax that is especially bad since it is regressive (affects the poor most), extra-judicial (no one voted to author
by CrazyPyroLinux 5y ago
Yes, all taxation is theft, but inflation is a tax that is especially bad since it is regressive (affects the poor most), extra-judicial (no one voted to authorize it), and hidden (or at least disguised).
- imtringued 5y agoIn that case the poor should rejoice. The Fed has managed to keep inflation at 2% until the pandemic. It was 4% in the 80s and 3% in the 90s.
- adflux 5y agoThe fed has MEASURED it to be 2 percent using questionable methods. E.g. the biggest expense of yohr life is not counted