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A comment on Summers: Inflation Reached 18% in 2022 Using the Government's Previous Formula. Parent comment

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by dennis_jeeves2 on Sunday April 14, 2024 @01:38AM (#40028931)
>It’s a deliberate approach to stealing your prosperity while you cheer it on.

Excellent way to put it.

To put things in perspective if one works for 5 days a week, you are paying the govt (all taxes + inflation) about 3 days of your earnings. You only get to keep what you earn for 2 days.

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Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by paulryanrogers on Sunday April 14, 2024 @10:46AM (#40031449)
Does most of the inflation go to the government? Lately a significant portion seems to be going to the capital class and land owners.
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