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RE: Inflation is Theft

in #money7 years ago

Great article!!! It is so easy to get accustomed to the current state. I like the original concept of one coin per days work from a skilled worker. We are in this weird cycle where we just expect a raise every year due to inflation.

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Hey @jjacli! Thank you for dropping by!

It is so easy to get accustomed to the current state.

It absolutely is. That's what makes it so sinister. Not to mention the fact that you are in the know of how inflation affects you and yet, this is the case, what about someone who has no clue on the matter of inflation who is blindly being stolen from? That is majority of people.

We are in this weird cycle where we just expect a raise every year due to inflation.

Why do both citizens and businesses have to adjust their prices and wages so that they can be stolen from? What about the additional fact that taxes are never "Adjusted for Inflation"? That leads to even further theft.

Anarcho capitalists will tell you that taxes itself is theft too!