The Uncensored Truth about Inflation - How Inflation Enriches Politicians and the 1%

[searcher]

Most here know how inflation works. This is for any guests, lurkers who may not.

The Uncensored Truth about Inflation - How Inflation Enriches Politicians and the 1%​

Feb 28, 2023


13:42

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The Uncensored Truth about Inflation – How Inflation Enriches Politicians and the 1%

Central banks have spent decades flooding the global economy with newly created money. We are told this policy, or what is called a monetary inflation, is needed to stimulate economic growth and to keep unemployment low, but like so many of the justifications that politicians and bureaucrats...

academyofideas.com

 

[nickndfl]

They redistribute the currency so the lower classes keep a smaller %.

 

[pmbug]

See also:

Seigniorage - Wikipedia

en.wikipedia.org

 

[searcher]

How Inflation Precipitates Societal Collapse​

Oct 10, 2022


12:46

Get the transcript and art used in the video:

How Inflation Precipitates Societal Collapse

“…if inflation is not eliminated very soon, all our technological and scientific improvements will not prevent us from a tremendous financial catastrophe that will destroy practically all that civilization has created in the last several hundred years.” Ludwig von Mises, Ludwig von Mises on...

academyofideas.com