Today’s inflation will get worse

Graph ends at 2015 because a commercial artist produced it for a book at that time. However it clearly shows the effects of tax policy on our nation’s deficit and individuals’ after-tax income.

A growing economy always has inflation, and everyone — rich, poor and middle class — is hurt by it. But those who cause it benefit far more than they lose.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store