inflation – the hidden tax …

low interest rates help the governments pay off their debts.. but they also cause inflation .. increase in prices and if not controlled properly , can cause hyperinflation …

take the case of zimbabwe or venezuela – the food inflation is staggering …

the cost of things keep going up really fast

inflation is a type of hidden tax – a legal way of stealing your money , while the purchasing power of money goes down …

for example , in india , in the year 1984 , you could see a movie in a theater for INR 5 ..

in the year , 2020 , the same movie in a theater costs anywhere from INR 250 to INR 400

that is a jump of almost 50 times in 36 years , an inflation rate of 139 percent per year