This reveals why inflation (i.e., an increase in the currency supply) is a TAX
The more $ circulating, the less each dollar buys.
Most of those cheering the $1.9 trillion in fresh stimulus are ignoring the resulting tax we will all pay in devalued income/savings t.co/pNCBMWOrqC
— Adam Taggart (@menlobear) March 7, 2021
Wall Street's lukewarm reaction to another round of stimulus belies the fact that more liquidity = more inflation, resulting in higher interest rates = Muy mal. Watch my latest #ThreeMinutesOnMarketsAndMoney on YouTube channel:t.co/3lid4G5wd0#Markets #Money #Investing pic.twitter.com/rMjidAUviQ
— Lance Roberts (@LanceRoberts) March 8, 2021