Inflation is commonly recognized as a tax as expressed by these economists/politicians Bernanke http://www.lewrockwell.com/paul/paul526.html
Greenspan http://www.321gold.com/fed/greenspan/1966.html
Keynes http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_inflation....
This is a taxation of currently held money; therefore, it is a direct tax subject to the restrictions of Article I Sec. 2 of the Constitution; and therefore, must be apportioned to the States according to population and not according to money saved. The 16th Amendment only applies to income; therefore, it does not allow the taxation of accumulated savings.



