A Tale of Two Dollars – Ep 826
The Peter Schiff Show Podcast
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The Only Way to Fight Inflation Is to Cut Government Spending
If the government really was wanting to fight inflation, would it be mandating higher wages across the economy that are simply going to add to the price pressures ind the economy? Of course not. As i've been saying, inflation is the tax we pay to pay for government spending. But it's a hidden tax. It's an invisible tax. Most people don't object to because they don't realize that they're being taxed. And there's no way the politicians are going to replace that secret, hidden tax with an obvious, overt tax that the public knows they have to pay. The only way to fight inflation is to cut government spending, which means people who are getting a check have to
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