Every Day I’m Shoveling
The Remnant with Jonah Goldberg
00:00
The Inflationary Trend in the World After 1500
The global rate of inflation peaked in the 1590s at close to 3% a year. Bear in mind that growth in nominal incomes in the pre-capitalist world were basically zero. Almost any level of inflation made people poor, and this was even more true in pre-capitalist Europe than in the post-capitalist West. But Rusty Reno's grasp on capitalism markets is thumbless; he doesn't actually care about public policy.
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