
President Biden travels to the Middle East
Fareed Zakaria GPS
00:00
Inflation and the People's Party
The populism of the 18 nineties, the people's party, or populous party at the time, they weren't complaining about inflation. It was something they desperately wanted. From 18 70 to 18 90 prices fell by accumulative 30 % or two % a year. The idea was to get more money in circulation and drive inflation up. That's good for debtors and bad for creditors. Bryan brian railed against the goald standard as a tool of greedy capitalists. You shall not by mankind upon a prop of boon.
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