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Inflation harms the tax payer, because it makes the value of money worth less. If it takes $20.00 to buy a loaf of bread versus $2.00, then it will be more difficult to buy bread and have money to pay taxes.
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∙ 13y ago
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Effect of inflation on developing and developed country?
Inflation destroys it. The money made is lowered in value. Printing money causes this issue. If we print enough money the profit completely goes away and this your financial well being and development does also.
What is the bail out mean?
THE UNITED STATES GOVERNMENT INVESTING IN THE TAXPAYER...? ADDED; HUH ??? The taxpayer IS the government.
Will inflation Peter out?
inflation peter out is when inflation diminish or stops .
What refers to the persistent increase in the prices of goods and services?
inflation
The consumers price index helps the U.S. government measure what?
inflation
Why do European Banks hold 67 of all the mutual funds purchased with US middle class taxpayer dollars mmmh?
The European Banks hold 67 percent of all the mutual funds purchased with US middle class taxpayer dollars to tame inflation.
Why do European Banks hold 67 percent of all the mutual funds purchased with US middle class taxpayer dollars?
European Banks hold 67 percent of all the mutual funds purchased with US middle class taxpayer dollars to control inflation.
Is taxpayer one word or two words?
According to Taxpayer Alliance it is one word.
What is the birth name of Hein Harms?
Hein Harms's birth name is Hendrik Harms.
Effect of inflation on developing and developed country?
Inflation destroys it. The money made is lowered in value. Printing money causes this issue. If we print enough money the profit completely goes away and this your financial well being and development does also.
Who will be the big losers if Obama devalues the dollar?
You, taxpayer. =( You, taxpayer. =(
Does inflation favor lenders or borrowers?
Inflation generally favors those with debt, because the higher prices will drive wages higher and enable a fixed debt to be more quickly paid off.This is also especially apparent where borrowers can borrow against a higher value of property (e.g. homes) and realize income from the inflated assessment.Inflation harms lenders and savers because loans and savings do not directly appreciate from inflation.
When was Friedrich Harms born?
Friedrich Harms was born in 1819.
When was Ben Harms born?
Ben Harms was born in 1953.
When did Louis Harms die?
Louis Harms died in 1865.
When was Louis Harms born?
Louis Harms was born in 1808.
When was Bendix Harms born?
Bendix Harms was born in 1967.
