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Price Stability Perpetuates Currency Debasement.
#money #inflation #cpi #federalreserve
Today we will look at why the Central Banking mantra of price stability is a great fallacy and distraction from the fact that the objective of Central Banks is to extract wealth from the public for those who own and control these institutions.
I will be using historical charts and data provided by Central Banks to prove my point.
What Has Government Done to Our Money by Murray N. Rothbard: https://mises.org/files/what-has-government-done-our-moneypdf-0
Minneapolis Fed CPI data: https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1913-
Bank of England Inflation Calculator: https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
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In North America:
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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