Duck Tales Inflation Lesson
Uploaded by: prattleon
Video Description:
An episode of Duck Tales dealing with the negative consequences of inflation.
for more information visit www.mises.org
http://www.blogsmonroe.com/liberalpolitics/
Tags for this video: banking congress counterfeit economics federal freedom government inflation liberty money paul reserve ron
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Redistributing wealth by destroying value is not a very good idea. It is theft at best.
The only way we're able to pay that much is because the companies that buy the shoes for much more than their costs is able to borrow mass sums of money to pay there employers, which have enough money from all these companies in massive debt that plan on paying it back in valueless dollars. Consumers do the same thing on credit.
Right now, we have very little ability to manufacture our way out of it, as our US has scamed our way to riches