"The general public's understanding of inflation, particularly with regard to its cumulative long-term effects, remains limited. Contemporary fiscal systems, underpinned by fiat currencies expressed in nominal values, interact with inflation through mechanisms that are rarely taken into account in analyses. This article examines the structural factors behind inflation, the methodological challenges associated with its measurement, and its long-term fiscal implications. It highlights how inflation can invisibly increase the tax burden in fiat money-based systems, effectively acting as a fiscal instrument."
This is the introduction to Oliver R. Hoor's "The silent tax: A study of the invisible effects of inflation on the effective tax burden" doctrine, published through Legitech.
Read the full report, in French, now!