Inflation is a Regressive Tax on the Poor

Inflation is a Regressive Tax on the Poor

Well meaning liberals that promote the false philanthropy of government spending on programs for the poor by way of deficit spending are actually hurting the poor and middle class most of all. Hawkish neocons that fund endless wars by deficit spending are killing the poor and the middle class. The poor, the disenfranchised, and the middle class in America are getting killed by the hidden “inflation tax.”

The sooner that the American public wakes up to the concept of inflation as a tax, the sooner it will demand discontinuation of deficit spending. Ultimately, as people begin to realize that the real culprits are the unelected international bankers in control of the Federal Reserve, the sooner they will demand that the Fed be ended as soon as possible…

http://photontorpedotube.blogspot.com/2011/06/inflation-is-regressive-tax-on-poor.html

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