In this episode, I go off on a rant about deflation and inflation. There are a lot of myths about monetary expansion and contraction vs prices increasing and decreasing. Keynesians and modern economists have no historical data to back up their opinions. The entire 19th century could not have happened if the current views of deflation were correct. Deflation is good. Inflation is theft. Deflation cures recessions and depressions. If deflation is coming, we are lucky. If stable prices are coming, that is theft. If inflation is coming, the fiat currency system will collapse.
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#deflation #inflation #economics
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I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.
