ilmscore | Prediction Details
"the government "takes your purchasing power "instead of your money so instead of "having less money my money just buys "less so at the end of the day I'm in the "same place I buy fewer things because of "government's need to finance its "increased spending"
By Minority Mindset | April 23, 2024 | Pending
From video
ECONOMIST WARNS: A Great Depression Is Coming In America | Peter Schiff x Jaspreet Singh 00:37:53 - 00:38:08
Interpreted Prediction
Government spending reduces the purchasing power of money, effectively taxing citizens through inflation rather than through direct taxation.

Prediction Details

Topic
Inflation

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