Chapter
The Government's Inflation Tax
30:38 - 35:37 (04:58)
The government's inflation tax works by printing money it doesn't have, leading to an increase in the amount of money in circulation chasing fewer products, thus deflating the value of people's money. This quiet tax is favored by the government since it can spend money it doesn't have, exacerbating the current money crisis by destroying important infrastructure that many people depend on for their daily commute.
Clips
The government printing more money results in devaluing the currency, inflating the prices of goods and services which can lead to a money crisis.
30:38 - 32:50 (02:11)
Summary
The government printing more money results in devaluing the currency, inflating the prices of goods and services which can lead to a money crisis. In turn, this can lead to deteriorating infrastructure and less money chasing fewer products.
ChapterThe Government's Inflation Tax
EpisodeA Disturbing Development In The Vax Mandate Scandal (Ep 1644)
PodcastThe Dan Bongino Show
The government printing money causes an increase in circulation and a decrease in the value of money, leading to inflation.
32:52 - 35:37 (02:44)
Summary
The government printing money causes an increase in circulation and a decrease in the value of money, leading to inflation. When the government spends more money than it brings in from taxes, the other funds are either borrowed or printed, leading to negative consequences.