Free To Choose Media Podcast cover image

Episode 154 – Free To Choose 1980 – How to Cure Inflation – Discussion (Podcast)

Free To Choose Media Podcast

CHAPTER

The Real Tax on the American People Is Not What You Label Taxes

The real tax on the american people is not what you label taxes. It's total spending. If congress spends 50 billion dollars more than it takes in, who do you suppose pays that? The average citizen absolute ty finance the growth of government. You can cut both their inflation and their tax answerin if you em all in favor. Don't kid yourself into thinking that there is some painless way to do it. That just as not. One way is productivity. But from the point of view of inflation a bit actor, it would be a miracle if we could raise our productivity from three to five % a year.That would reduce inflation by capital erdiates. There is only

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner