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ELON MUSK: “Inflation, throughout history, has been used as a pernicious tax… It's like one degree removed, so people don't feel it directly. Then, the politicians will try to blame it on something else. But it's all about government spending.” https://t.co/zMqaSlrbFf
“A inflação é um imposto oculto O dinheiro que as pessoas economizaram é roubado de parte do seu poder de compra, Que é transferido silenciosamente para o governo que emite o novo dinheiro É uma forma de tirar a riqueza das pessoas sem ter que aumentar impostos abertamente” – https://t.co/AEtDzBNI3u
🇺🇸 MILTON FRIEDMAN: GOVERNMENT SPENDING IS TAXATION “The real tax on the American people is what government spends. If the federal government spends $450 billion and only raises $400 billion in taxes, who do you suppose pays that other $50 billion? You pay it, and I https://t.co/FZCrsqdZ56 https://t.co/7Pp5D5rdNR
Elon Musk has reiterated his stance that all federal government spending constitutes a form of taxation, either through direct tax revenue or inflation. He emphasized that government spending beyond its income leads to inflation, which acts as a hidden tax on the public by diminishing purchasing power. Musk described inflation as a "pernicious tax" that is indirect and often misattributed by politicians. This viewpoint aligns with economist Milton Friedman's assertion that government spending effectively taxes the populace, as any deficit spending must be financed by the public. Musk further warned against the risk of bankrupting America due to excessive federal expenditure.
