National debt, inflation, and taxes

The argument for banks managing our money was that politicians could not be trusted to not inflate the currency for spending on influence.

So how well do the banks do by comparison? Continue reading “National debt, inflation, and taxes”

Invisible tax

Cumulative increase in CPI and M2 smallInflation is an invisible tax on wages and savings.

The purchasing power of new currency comes from the dilution of our wages and savings.

But the inflation of the currency supply is far greater than we think.
Continue reading “Invisible tax”