Central banks are inflating our money supplies at rates that could bring about the collapse of our economy and pull down civilization with it. In this video, using the example of ancient Rome, we will explore the destructive effects of a policy of inflation. No matter how modest or benign it may seem at first, an inflationary policy is always fatal in the long run. It does not solve the problems of the society. It aggravates them and leads inexorably on towards self-destruction.
“…if inflation is not eliminated very soon, all our technological and scientific improvements will not prevent us from a tremendous financial catastrophe that will destroy practically all that civilization has created in the last several hundred years.” Ludwig von Mises, Ludwig von Mises on Money and Inflation The philosopher George Santayana stated that “Those […]
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How Inflation Precipitates Societal Collapse first appeared on
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