Congress would much rather use up your attention span on fighting over $80 a month so that you don’t notice just how much inflation tax you pay every time you buy gas, pay your electric bill, or pick up groceries. Because if you did notice and started speaking up, then Congress might have to decide which bailouts, pet projects, non-defensive wars, and other goodies they would have to cut in order to pay for an inflation tax holiday. How much would you save if they were to cut the inflation tax? Let’s put it in the White House’s terms and see just how much you could do with an extra $40 every two weeks… in 1912 dollars, the year before the inflation tax began with the creation of the Fed…
Read the rest of my article at The Silver Underground.
Editor in Chief, THL
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