They try and tax it, but we're not taxing anywhere near enough, right? No. Right. So we're going to have to borrow $2.2 trillion for the next 10 years, every year, at least. Inflation is a silent tax. It's really nasty. Do you have any hope? That's effectively a tax because it devalues money in your pocket. So it's based on paying 10 bucks for a Big Mac and a Coke. (40:34–40:38)
CLAIM
Asserts that inflation acts as a silent tax.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
