The Fed just promised to raise your taxes.
Instead of getting out of the way, the Fed has chosen to create an even higher hidden tax on all of us. @mmaharrey10th #EndTheFed pic.twitter.com/Ct1J7BEAgn
— TenthAmendmentCenter (@TenthAmendment) August 31, 2020
Of course, the Fed doesn’t set tax policy. But it does run monetary policy. And the central bank’s commitment to let inflation run above 2 percent is nothing more than a hidden tax that will have the effect of stealing even more of your wealth.
For Further Reading
The Federal Reserve: The Engine that Powers the Most Powerful Government in History
How the Fed Wrecks the Economy
Goldโs Record Price Is All About Currency Debasement
Status Report: Sound Money in the States
Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center. He is from the original home of the Principles of '98 - Kentucky and currently resides in northern Florida. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty., and Constitution Owner's Manual. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE
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