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We talk a lot about the income tax, the capital gains tax, the corporate tax, the sales tax, property, phone, gas, dog, death, and the rest. But the least mentioned of the taxes is the Inflation Tax.
If the left was genuinely interested in helping the low-income and fixed income persons of America, they would join us in calling for an end to inflation.
But what does that mean? What is inflation? What causes it? Why does it hurt poor people the most and what can we do to stop it? We answered all of those questions this morning at 7:00:
http://media.worldnow.com/kfmbam/podcast/the_mike_slater_show_6089.mp3
Milton Friedman's "Free To Choose" series on inflation:
http://www.youtube.com/watch?v=jE7zxo61Xc8
http://www.youtube.com/watch?v=YgxPyabmOrU
http://www.youtube.com/watch?v=GA5r-MhqOBU