Worth a listen. Inflation is caused by the printing of money. Creating money out of thin air. Who does this? Banks and Governments.
Banks create money out of thin air every time someone buys a house. Every time someone takes out a loan. Governments run on debt. Billions and billions of dollars of additional debt every year. And all of this extra cash entering the economy devalues the existing cash. Makes your dollars worth less every year. THAT is inflation.
If all of the debt in the world was eliminated today, there would be no cash. Money is debt. That is what it is.
Soo next time you are freaking out about the high cost of everything, do not blame the vendors or the suppliers. Blame the banks and governments.
Then Neil goes into Agenda 21…CBDCs.…mass government control over every aspect of your life….the rich getting richer and everyone else getting poorer. Enter inflation….keeps people in their place.