Inflation, the Federal Reserve, and Bitcoin (Feat. Michael Green)
Crypto Critics' Corner
00:00
What Causes Inflation?
There is no single one cause of inflation. An inflation that occurs in the aftermath of the loss of capacity in a war, like we had in the 19 twenties in germany. People don't have the money to buy bread, food, et cetera. And so it needs to be printed wrigtig as a bandage, in the hope that things get better. What happened in the 19 seventies is something that is very unique. We had a baby boom that became the boomer generation on a global basis,. because we had more kids, and those kids survived.
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