Inflation is an increase in the money supply relative to goods and services. There would be no dispute that this money supply was distributed evenly to everyone, but that is not possible in theory. Since the new money is not distributed evenly, those who get it first have an advantage over others, followed by those who charged something to the first, and so on, and so on. Those at the bottom of the chain suffer the worst because by the time they get their share of the new money, they have already spent everything they previously earned on higher prices.

That is why inflation is the most #corrupt and unjust way for a #government to obtain #money and pay its expenses. It increases economic inequality. Between #taxation and #inflation, I would always choose taxation.