Why Government Anti-Inflation Plans Fail
Jun 27th 2022 2:45pm EDT
Why Government Anti-Inflation Plans Fail Authored by Daniel Lacalle, Governments love inflation. It is a hidden tax on everyone and a transfer of wealth from bank deposits and real wages to indebted governments that collect more receipts via higher indirect taxes and devalue their debts. That is why we cannot expect governments to take decisive […]
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