Academy of Ideas - The Uncensored Truth about Inflation: How Inflation Enriches Politicians and the 1%

See https://theacademyofideas.substack.com/p/the-uncensored-truth-about-inflation:

"Central banks have spent decades flooding the global economy with newly created money. We are told this policy, or what is called a monetary inflation, is needed to stimulate economic growth and to keep unemployment low, but like so many of the justifications that politicians and bureaucrats offer for their actions, this one is a lie. For as we will explore in this video a rapid expansion of the money supply is economically destructive; it impoverishes the poor and middle class, exacerbates wealth inequality, permits a dangerous growth in state power, and sets an economy up for a crash. The real reason those in government favor the policy of a monetary inflation is because it is an effective means to transfer wealth from the citizens to the state."

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For more on the money supply and inflation, see this excellent interview: Kim Iverson and Richard Werner and watch this excellent documentary Princes of the Yen:


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