The Mystery of Inflation (Pocketbook Pain!)
Jimmy Akin's Mysterious World
00:00
Is the Us. Inflation Rate Really Underestimated?
The cost of buying or renting shelter is up nearly 20 % over the past year. Private surveys conducted by the big rental sites, zillo in apartment list dot com, show increases of 13% to 18%. And the case shiller index of us. Home prices jumped 18 % in the year through october. Who are you going to believe? To paraphrase gracho marks, the us? Government or your own eyes?
Play episode from 01:05:01
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.
