How The Government Creates Inflation
FULL TRANSCRIPT
inflation is really just another tax
because governments create inflation
inflation is also probably one of the
most misunderstood words in the English
language and deliberately so I think
governments around the world kind of led
the campaign to redefine inflation so if
you go back to the origin of the word
and if you if you have a dictionary even
from the 1980s a Webster's dictionary
you'll get the real definition of
inflation so inflation is an expansion
of the money supply that's all it is
deflation is a contraction of the money
supply so if you even think about the
word inflate inflate is to expand like a
balloon if you if you fill a balloon
with air it expands so with inflation
what's being expanded is the money
supply who expands the money supply
governments
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