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I wish for just one time, I could hear some interviewer state that inflation of the money supply is nothing more than a hidden tax on everyone, instead of thinking it is desireable. Not just taxpayers, but everyone, world wide, because it causes prices to escalate over time. If you are a “first-receiver” of the new money, you will be able to make purchases before prices rise. On the other hand, everyone else will be affected by higher prices.
Low prices benefits all consumers.
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