[DiogenesLamp]

It happens in our monetary system due to the expansion of federal debt (which is the reserve asset that new credit is created upon in our fractional reserve, fiat banking system). Inflation is in the end a policy choice by government about how to fund the government.

Your lost purchasing power was in reality taxed silently and secretly from you.

Something that you wrote with which I am in complete agreement.

There is no free lunch.

Except for that part. There *IS* a free lunch. It went to all the parasites receiving dollars they didn't work for.

[Gunslingr3]

Except for that part. There *IS* a free lunch. It went to all the parasites receiving dollars they didn't work for.

The lunch might have gone to them, but it wasn't free. Someone else paying for it doesn't eliminate the fact a cost is still borne somewhere, by someone. If it were truly free, then no one would bear a cost providing it.