When a government spends money it doesn’t have (which is how the U.S. federal government routinely operates) that money must come from somewhere. The unconstitutional Federal Reserve often ends up printing (i.e., counterfeiting) it into existence for the government to spend. The counterfeiting of new money destroys the value of the money already in existence. Inflation is the tax. There is no free lunch; especially from government.
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The Ron Paul Institute for Peace and Prosperity is a project of Dr. Paul’s Foundation for Rational Economics and Education (F.R.E.E.), founded in the 1970s as an educational organization. The Institute continues and expands Dr. Paul’s lifetime of public advocacy for a peaceful foreign policy and the protection of civil liberties at home. Visit http://www.ronpaulinstitute.org