Commentary
The narrative to attack any tax cut and defend any increase in government size is reaching feverish levels. However, we must continue to remind citizens that the constant bloating of government spending and the increasing of the size of monetary interventions are some of the causes of the widespread impoverishment of the middle class. Constantly increasing taxes and diminishing the purchasing power of the currency is wiping out the middle class in most developed nations.
Currency printing isn’t neutral, and it never is. It disproportionately benefits the government and massively hurts real salaries and deposit savings. It’s a massive transfer of wealth from savers to the indebted….