editorial partner Liberte! Friedrich Naumann Foundation

European Union

Four Waves of Inflationary Taxes, Are You Ready?
Economy
Four Waves of Inflationary Taxes, Are You Ready?
Inflation is often referred to as a tax, imposed without parliamentary approval, without legislation and without considering the consequences. Today’s inflation is special: printing money seemed to be pretty much the only way to respond to the pandemic and to finance rising public spending.