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Inflation the hidden tax no one talks about.
Price Inflation vs Monetary Inflation:
Technically, Price Inflation is when prices get higher or it takes more money to buy the same item and this is what people commonly think of when they hear the word inflation.
Monetary Inflation is an increase in the money supply which generally results in price inflation. This acts as a “hidden tax” on the consumers in that country and is the primary cause of price inflation.
Monetary inflation is commonly referred to as the government “printing money” although the actual process is a bit more complex than just cranking up the printing presses but the effects are essentially the same.
https://inflationdata.com/articles/2010/07/21/real-definition-inflation/