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17 Views • Nov 4, 2023 • Click to toggle off description
Welcome back to Deo Talks. In today's video, I (Suraj Deo) will talk about Inflation.
Inflation is the only form of taxation that governments can impose without any laws. This means that they can simply print more money, which reduces the value of each existing currency and makes it harder for people to buy the things they need.
Governments are able to get away with inflation because it is a hidden tax. Unlike other taxes, which require laws to be passed, governments can simply print more money to cause inflation. This means that they can tax people without them even realizing it.
Let's dig deeper and understand how inflation really works and why governments sometimes use it to their advantage.
Thanks a lot for your time, and
let’s take care of this beautiful world.
I’ll see you next.
And Smile…Always Smile.
Views : 17
Genre: Education
License: Standard YouTube License
Uploaded At Nov 4, 2023 ^^
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RYD date created : 2023-11-04T09:02:58.710276Z
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@aayushianand4911
1 year ago
🎉
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