I Demand an Inflation Tax on Gubmint Employees |
Politics > Government
I Demand an Inflation Tax on Gubmint Employees
Inflation, as Milton Friedman wrote, “is always and everywhere a monetary phenomenon.” That is economist-speak for “government did it.”
Christopher Chantrill | April 14, 2026
No one can doubt the sincerity of our blue-state governors in their noble quest to teach migrants a lesson with wealth taxes and exit taxes? I mean, of course, the migrants from blue states to red states, the traitors who, as billionaires and white oppressors, don’t want to pay their fair share.
But there’s a bigger issue, one that our liberal friends are naively ignorant about, as usual.
A century ago, the dollar was priced at $20.67 per ounce of gold. Today it’s about $4,770 per ounce. If we assume that the gold price is the closest measure we have of inflation, then the dollar is worth less than 1/200th of its value a century ago. Or less than half a cent of the dollar in 1926.
Inflation, as Milton Friedman wrote, “is always and everywhere a monetary phenomenon.” That is economist-speak for “government did it.”
And it seems to me, as a gentle soul writing in the spirit of our beloved blue-state governors, that the people in government that “did it” are saboteurs and wreckers and should pay for their crimes.
I propose, to avoid a........