In this episode I talk with Dr. Jeffery Degner, economist at Cornerstone University and fellow at The Mises Institute, about the impact of inflation on American society. He explains how inflation is the artificial expansion of the money supply and is controlled by the Federal Reserve. This leads to higher prices and the business cycle but benefits the wealthiest asset holders. He describes the United States as having an ‘inflation culture’ and explains how inflation hurts families, working people, and the poor. We explore how it has led to cultural degeneracy, a reliance on debt and credit, rampant consumerism, and other social evils. We discuss the impact of inflation on the church and why Christians should take this issue seriously. Media Referenced: Follow Jeff on X: @DrJeffDegner Inflation and the Family : https://a.co/d/8FvtJdA Bob Murphy Interview: https://libertarianchristians.com/episode/ep-215-the-federal-reserve-with-bob-murphy/ The Protestant Libertarian Podcast is a project of the Libertarian Christian Institute and a part of the Christians For Liberty Network. The Libertarian Christian Institute can be found at www.libertarianchristians.com . Questions, comments, suggestions? Please reach out to me at
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