Off the Cuff: Inflation, aka the 'Sinister Tax'

Thursday, April 19, 2012, 1:56 AM
Enroll NowFor enrolled members only. Enroll or Sign in to read the full article.

The most sinister of all taxes is the inflation tax and it is the most regressive. It hits the poor and the middle class. ~ Ron Paul

In this week's Off the Cuff with Mish & Chris podcast, Mish has the week off, so Chris takes the mic and delivers an in-depth look at consumer price inflation. He cites a plethora of data that validates what anyone who eats, drives, or visits the doctor already knows: The "official" CPI (Consumer Price Index) numbers released by our government and others around the world are completely bogus.

Money expansion is a cornerstone of modern central banking strategy. With so much outstanding total debt, increasing the money supply (i.e., inflation) becomes increasingly essential for perpetuating the system.

Today, Chris focuses on the question, What is going to happen when that strategy no longer works?


Enroll Now
Or Sign In with your enrolled account.
Endorsed Financial Adviser Endorsed Financial Adviser

Looking for a financial adviser who sees the world through a similar lens as we do? Free consultation available.

Learn More »
Read Our New Book "Prosper!"Read Our New Book

Prosper! is a "how to" guide for living well no matter what the future brings.

Learn More »


Related content

12 Comments on Off the Cuff: Inflation, aka the 'Sinister Tax'

Enroll now or Sign In to read all member comments.