How Inflation BENEFITS the Government and Keeps YOU Poor

The US Inflation rate is currently running at 8.6%.

If you need an explanation of inflation it is the decline in the purchasing power of a currency over time. So at 8.6%, $100 next year will only buy as much stuff as $91.4 did this year.

Your money is losing its value.

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[briceonwiley]

Santa/stimulus transition was seamless; bravo. 👏🏾👏🏾👏🏾

[jackhake]

The increase in money definitely didn’t help. However, stimulus checks didn’t contribute to worldwide inflation. So it seems there is another side to the story.

[oszy]

dude in video says to take debt to combat inflation. But I thought they are increasing interest rates. So, that means if a manufacturer or producer take on debt right now then they have to pass some of those rates increase to the consumer. Therefore, inflation. Am I right?

[Apc-man]

Inflation is the increase in the supply of money. The decrease in purchasing power is the result of the inflation. Just because you have inflation doesn’t mean you have a immediate increase in prices.

[johnortiz]

Inflation is mainly caused by corporations