Why Does Inflation Happen? Recession, Depression, Boom & Doom [ep. #33]
Inflation leads to recession, and recession leads to depression (massive unemployment). Western economies are trying to avoid doom by inflating the money supply to increase government spending, and by opening the borders to bring in more potential consumers for the economy. But both are temporary fixes that cannot solve the problem, namely that materialism has run out of steam. If we want to survive, we must return our peoples to more traditional lifestyles.