>> Inflation will eat up the government handouts.
That’s why they cannot allow inflation to happen.
Look instead for a “one time” (heh heh, yeah right) wealth tax that will simply confiscate 10 to 12 per cent of household and corporate wealth.
Yep. They have to control inflation to keep handout growth in check. They also have to keep interest rates near zero due to interest on the debt. If interest on debt were to double or triple it crowds out budget available for their entitlement spending. When interest rates and inflation both rise (inevitable) they are screwed.