“Wake Up and Smell the Inflation.” – Maneco64 #silver

TSI editor’s note: In a new video from Maneco64, whose Youtube channel is known as “the home of alternative economics and contrarian views,” Maneco tackles the subject of inflation, putting the responsibility for currency debasement squarely at the feet of governments. Maneco also explains that inflation is by definition an increase in money supply, and that rising prices are the consequence of inflation. He then quotes John Maynard Keynes as saying “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.”

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