When governments can't raise taxes, won't cut entitlements, and still need to keep the lights on, they reach for the quietest, most politically painless tool in the box: the printing press.
The Boiling Frog Economy: Inflation Is…
When governments can't raise taxes, won't cut entitlements, and still need to keep the lights on, they reach for the quietest, most politically painless tool in the box: the printing press.