Re:The Fed's Big Problem, There Are Two Economies but Only O...
by chiefalchemist on Monday March 18, 2024 @08:50AM
(#39743641)
But they are raised, via inflation. When the Fed prints money (so to speak) to finance the debt, and your savings are devalued, that is effectively a tax. But no one calls it that. No one sees it that way. So no one is upset about their taxes going up, tho effectively they have.
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