Re:UK: Food inflation rises to 18.2% as it hits highest rate...
by ochoseis on Friday March 24, 2023 @01:43PM
(#35292808)
It is said that inflation (caused by money printing at least) is a hidden tax on everyone, which definitely hits the poor more than a progressive tax scheme would.
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Re:UK: Food inflation rises to 18.2% as it hits highest rate...
by surement on Friday March 24, 2023 @02:27PM
(#35293476)
it's a tax on your bank account, but other assets can increase in value proportionally with inflation
Re:UK: Food inflation rises to 18.2% as it hits highest rate...
by supernova87a on Friday March 24, 2023 @03:29PM
(#35294256)
I forget a famous economist (old British guy I think) who said that there is no more effective way to secretly and insidiously overthrow / disrupt a society as unchecked inflation.
(something similar to that, I'm probably paraphrasing badly)