When there is a fiscal deficit, there is always taxation

When there has been a fiscal deficit and the public debt has increased, taxation can always be used to restore fiscal solvency. But this taxation can take various forms: Conventional taxation; Inflationary tax; Taxation of savers through an interest rate that is lower than growth; Inflationary tax due to asset price inflation (taxation of young people). It is the last two forms of taxation that are concerning now adays . The last one is new, and has appeared because investment money is taken into account , whereas the usual inflationary tax is linked to transaction money .