Cost of Living Crisis Is Payback for Decades of Monetary Inflation.
#inflation #CostofLiving #prices #credit #debt #deficits #bubbles #stockmarket #realestate #fiatcurrency #spending #CostofLivingCrisis
Video Chapters:
00:00 Introduction
00:45 Consequence of Inflation
02:01 ECB Behind the Curve
04:06 Being a Contrarian
08:36 Payback and the Fed
10:04 Market Update
16:50 Conclusion
Today we will look into what we are seeing now in terms of what is called inflation is actually the consequence of decades of runaway borrowing and spending by all sectors of society.
Our conclusion is that the rising prices and cost of living are simply payback for years of the West living beyond its means. It proves, of course, that there is no free lunch after all.
Mises Institute Website: https://mises.org/
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