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What Is the Inflation Tax, and How Might It Explain

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What is the inflation tax, and how might it explain the creation of inflation by a central bank?


Definitions:

Loose Connective Tissue

A type of connective tissue that is widely distributed in the body; consists of fibers strewn through a semifluid matrix.

Actin Fibers

Filamentous proteins that are part of the cytoskeleton in eukaryotic cells, playing a role in cell movement, shape, and division.

Collagen Fibers

Strong, flexible protein fibers found in connective tissue, providing support and structure to skin, bones, and ligaments.

Major Function

The primary role or activity that an organism, system, or component is designed or has evolved to perform.

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