In what sense is inflation like a tax? How does thinking about inflation as a tax help

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In what sense is inflation like a tax? How does thinking about inflation as a tax help explain hyperinflation?

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Principles of Economics

ISBN: 978-1285165875

7th edition

Authors: Gregory Mankiw

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Question Posted: Oct 24, 2016 05:05 AM

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In what sense is inflation like a tax? How does thinking about inflation as a tax help

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Inflation is like a tax because everyone who holds mon...View the full answer

Principles of Economics

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