Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Inflation is the biggest hidden tax. Richard #shorts

11 Feb 2026 · 1 min

Watch on YouTube

0:37

Richard Canfield argues that expanding the money supply drives inflation, which acts as a hidden tax that erodes purchasing power. It hits low- and middle-income people hardest, making saving pointless, while older, wealthier voters decided recent elections.

Chapters

The expansion of this debt obligation money supply element is the leading cause of what amplifies inflation. Well, inflation is the biggest hidden tax. It hurts the low to middle class and it hurts the consumer. And the degree to which all elements of your buying is completely eroded, there's no value in being a saver anymore.
It is so unfortunate to see how it hurt the poor, which is one of the reasons why I was so shocked that the liberals got reelected. And when you look at the voting numbers, of course, it's the boomers that put them over the top, which the boomers tend to be wealthy. You know, they've already retired, they've got their money, and so they just want to maintain their lifestyle. And don't worry about the youth generation that's struggling, which to me is ridiculous.