Inflation is in effect a hidden tax. The money that people have saved is robbed of part of its purchasing power, which is quietly transferred to the government that issues new money.
An American citizen in Ukrainian capital:
"It is clear that Russian army does not want to harm civilians, its strikes were directed only at military targets, and did not target water lines, electricity or Internet, life seems almost normal here in Kiev."
Interesting 🤔
We have reached peak wartime propaganda in both the West and East.
If you are not susceptible to propaganda— then you are sitting back realizing that everything you ever learned about history is a lie.
We are watching how it is manufactured in real time.