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4min chapter
Classic 21: Inflation or Deflation w/ Jeff Booth
We Study Billionaires - The Investor’s Podcast Network
The Inflationary Impact on Prices That We Call 'Capitalism'
Inflationary monetary policy that's been in effect for decades, it compounds on itself. We have to bail out the people who can't keep up the cost of living rise to pay for the prices that we artificially created. If you add the unfunded liabilities and what's really happening, it is a mere image. The only way to never have to pay back that money is to debase your currency.
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