Evolution of Dispossession

Evolution of Dispossession
How to Steal a Country?

Friday, September 04, 2009

The Hidden Tax

With Seniors on fixed incomes, the cruelty of the hidden tax of inflation is grotesquely visible. Their COLA increases, which are under threat now, never keep up with the inflation rate. So bottom line, their purchasing power diminishes in time, and the system they paid into their whole life fails them when they need it most.

And the bankers who create the inflation with unsound monetary policy know this.

1 comment:

MOM said...

Hi,

We are back from our trip; no blogging there for us.

Maybe we will top Zimbabwe's inflation rate of 231 million percent and dump our currency, as that country did, before it's all over. The powers that be wish to rob us and rob us they will with their inflationary practices. As Ron Paul said, inflation is a hidden tax. So aside from all of the other taxes that you reiterated in another post here, you can add inflation, the worst, to that list.