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Brendan Brown

The Hidden Tax in Central Banks’ Low-Interest Policy

August 28, 2019 by Counter Markets

By Brendan Brown Under the regime of the two-per-cent inflation standard, governments are levying a vast new tax. This shows up nowhere in public sector or private sector accounts and has so far created little if any resentment among those subject to its burden. Many live in the illusion that there is a continuing escape possible. This is a dream tax from the viewpoint of … [Read more...] about The Hidden Tax in Central Banks’ Low-Interest Policy

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