Comment on Freedom: The Big American LieparentComments−rpicard13ySounds like a pretty big stretch to call it a tax in my opinion.−nthj13yThe government has more money and I have less. I'd be interested to hear your suggestions for a better descriptor?−rpicard13yI'm not convinced that the government gets more money when inflation goes up. I've only taken an introductory level economics course, but I'm pretty sure the value of a currency goes down for everyone - government included - when inflation rises.
Comments
Sounds like a pretty big stretch to call it a tax in my opinion.
The government has more money and I have less. I'd be interested to hear your suggestions for a better descriptor?
I'm not convinced that the government gets more money when inflation goes up. I've only taken an introductory level economics course, but I'm pretty sure the value of a currency goes down for everyone - government included - when inflation rises.