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No but if you reduce the quality of my lemons then yes you did do something akin to theft. That's what inflation does it. It debases the quality of money. Infl
by jswinghammer 13y ago
No but if you reduce the quality of my lemons then yes you did do something akin to theft. That's what inflation does it. It debases the quality of money.
Inflation can't continue in a free market forever because eventually a crash occurs because inflation kicks off a boom bust cycle. Taxes have nothing to do with inflation and don't change anything on their own. They may reduce the pool of capital and may force people to the credit markets but we need more information before saying such a connection exists.