
The Mystery of Inflation (Pocketbook Pain!)
Jimmy Akin's Mysterious World
00:00
Is There a Moral Dimension to Inflation?
Money is a symbolic entity that has no intrinsic connection to the value of goods and services, it impacts people's lives. Any mismatch between the size of the money supply and the real economy will cause pain. And it's immoral to inflict unnecessary pain on people. Is there a case to be made in favor of inflation, at least in some cases? That's an empirical question that needs to be studied over time.
Play episode from 01:07:24
Transcript

Listeners have noticed that when Jimmy Akin mentions how much something cost in the past, he says it's due to "inflation the government has caused." Now he and Dom Bettinelli are going to explain why he says that, what inflation is, why it happens, and why Jimmy says the government is responsible.
