
The Mystery of Inflation (Pocketbook Pain!)
Jimmy Akin's Mysterious World
00:00
Is the Federal Reserve Really Responsible for Inflation?
In a free society, the government isn't in control of those independent decisions. So it's the government that's ultimately responsible for inflation. The federal reserve system was created by the us. Congress. Even if the fed controls the size of the money supply directly, it does so at the behest of congress and under the control of congress.
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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.
