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I make reference to inflation being a hidden tax because it can dramatically increase a person’s taxes without that person ever realizing just how much more in taxes they are paying because of inflation.
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The disadvantage to having one elephant on the room, let alone three, is because they eventually get messy and smelly, the identical words one could use to describe the horrendous and smelly financial hole that the political class has plopped the nation into center of.
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