
The Mystery of Inflation (Pocketbook Pain!)
Jimmy Akin's Mysterious World
00:00
Inflation Is Just Like Alcoholism
Inflation is just like alcoholism, says milton freedman. The good effects come first and the bad effects only come later. Freedman: Four times in 20 years after 19 57, we undertook the cure but lacked the will to continue. We tried multiple times, but didn't stick it out, resulting in pain without gain.
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Transcript

Listeners have noticed that when Jimmy Akin mentions how much something cost in the past, he says it's due to "inflation the government has caused." Now he and Dom Bettinelli are going to explain why he says that, what inflation is, why it happens, and why Jimmy says the government is responsible.
