After conducting considerable research (secondary) into the workings of our current global financial system, it is becoming evidently clear that inflation is effectively a form of hidden tax on the public. The relationship between the Government, Central Banks, and Banks effectively increases the money supply of the economy which directly leads to price increases but, the price increase itself is nothing more than a reflection of a decrease in the purchasing power of the currency from the increase in the money supply in the first place. Which means, by borrowing money from Central Banks, the Government is actually taxing the public without their notice.
I have uploaded a video explaining the concept in detail for Hindi/Urdu speaking members, you can refer to the link below to learn more, I actually connect the concept with Cryptocurrencies, more notably, with Bitcoin. So if you're interested in the Cryptocurrency space, you'll definitely find it interesting.
Video Title: This is why Inflation is a Hidden Tax! (for Hindi/Urdu) 2019
Link:
https://www.youtube.com/watch?v=UfdfTtId5qAI'm curious to know If you think I am on the right track or not.
Do you think that inflation is a form of hidden tax?
jes if the population isnt working hard enough for the newly inputted currency tokens, then there will be a problem and inflation.