by Michael Snyder, The Economic Collapse Blog:
Inflation is a hidden tax on all of us. Unfortunately, most Americans don’t understand this. Most of them cheered when the federal government was handing out free checks as if they were candy. And most Americans fully approved of the Federal Reserve propping up our financial markets by flooding the system with obscene amounts of money. But now we are paying the price. Our money doesn’t go nearly as far as it once did, and the cost of living has become extremely oppressive.