Currency debasement through monetary policy can effectively function as a hidden tax on citizens' savings, as governments may increase money supply to fund expenditures like wars, thereby reducing the purchasing power of money people have earned and saved.
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Is the Government Stealing Your Money?Added:
Money you earned, saved, worked hard for, is being stolen from you through a debasement of the currency by a monetary policy that you never voted for.
But politicians who vote to fund wars, they increase the deficit, tack on hidden taxes by printing more and more money out.
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