The Truth About Inflation
By, Aaron Krowne, the founder and fearless owner of ML-Implode, now tracking the US mortgage meltdown since New Year’s Day 2007 by publishing its trade-marked Implode-o-Meter of busted lenders.
“What does it mean when they say Inflation???”
NOBODY LIKES INFLATION, writes Aaron Krowne of ML-Implode, but inflation is a “fact of life” – a natural disaster, like a hurricane or earthquake.
Right?
Wrong. That is the impression policy makers and politicians have worked very hard for almost a century to create. But it is a bold-faced lie, meant to deflect your attention (and anger) away from the real culprit – them.
The fact of the matter is that prices in general can only go up if more money is created. When more money is created, that means each Dollar buys fewer goods and services. Your common sense is exactly right on this matter!
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