Ep 66: The High Cost of Inflation and the War in Ukraine

In this episode, I explain how inflation is an increase in the quantity of money, and how that growth of the money supply ultimately leads to higher prices and hurts consumers. We explore how many Americans are feeling increased financial insecurity, how the Federal Reserve controls the American money supply, and why ‘price inflation’ is a term used by politicians and bureaucrats to place the blame for higher prices on businesses instead of their manipulation of the monetary system, taxes, an...