Inflation is wealth transfer from deposit holders to the state. It is, in other words, a stealth tax. I think people accept inflation because they don't under

Inflation is wealth transfer from deposit holders to the state. It is, in other words, a stealth tax. I think people accept inflation because they don't understand Economics. Moving to my commentary of this article, it is basically a puff piece that seemingly educates but really doesn't. Don't waste your time. As bcg1 points out, the figures are bogus anyway and are constructed to conform to whatever story they want to tell at the time.