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Posts Tagged: “counterfeiter effect“
September 19, 2025
・Guest Commentaries
Inflation: The Hidden Embezzlement
Critics of inflationary policy are correct to describe inflation as a subtle tax, with the heaviest burden falling on the poor. While inflation is indeed a regressive tax, it’s also helpful to view and describe money printers just as we would counterfeiters or embezzlers. The following article was originally published by the Mises Institute. The […]
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