The Consequences of Inflation

[vimeo https://vimeo.com/132163960]

July 31, 2014 – As usual, I am still concerned about inflation. Others are becoming more concerned about it because that is the wave of the future. When I talk about inflation, I talk about increasing the supply of money in credit by the Federal Reserve distorting the market. And that, in turn, leads to a lot of distortion in prices and a lot of increases in prices. But they are never uniform.

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