Bob and Jeff unravel the corrosive and nonsensical policy of “inflationism,” and consider its deep cultural effects.
Read Jeff’s talk from the recent Ron Paul Institute conference: Mises.org/HAP360-1
00:00 Introduction
00:51 Inflationism
12:12 Unseen Costs of Inflation
18:21 An Economy Built on Consumption
26:59 Cultural Effect of Inflation
40:48 What if we’re Wrong?