Jeff Booth: "Why Do We Have Inflation?" 🖨️💸💸💸💸💸💸💸

Fiat Economists will tell you that a functioning economy needs inflation to encourage people to spend money. If you knew your money would be worth 7% - 10% less in a month you'd be more likely to spend it before it devalues. But inflation also discourages people from saving and steals from those who saved to spend later rather than buy things on credit, increasing their debt.

Original Video by Swan Bitcoin: https://www.youtube.com/watch?v=Joj8mQiOwew

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