> they lose 45% of the value of their labor to a corrupt government
That sounds like income taxes. :)
That sounds like income taxes. :)
One challenge with inflation is how hard it is to measure and how it impacts different parts of the economy differently. If you’re buying chickens, it might be impacting you 20% or 100%, houses the same range but differently, etc. taxes at least are usually published and more knowable/can be planned around.