#freemarket #laissezfaire #inflation #stimulus #prices #intervention #government #economics #deficits #debt
Those of you who have been following this channel should not be surprised by the cost of living crises or the debasement of currencies all around the world. We have been warning the more government tries to help through borrowing and spending the worse things get.
So it is not surprising that after huge monetary and fiscal stimulus since March of 2020 we are seeing prices go through the roof. Unfortunately, politicians and our present-day Keynesian economist will be clamoring for the government to help "solve the cost of living crisis."
It is not hard to deduct that that more government does to "help" the worse things will get for the general public in the medium to longer term.
The Law by Frederic Bastiat: https://cdn.mises.org/thelaw.pdf
Save us from the cost of living crisis Boris: Senior Tories increase pressure on PM to head off pain of soaring energy bills and tax rises – or face backlash at polls: https://www.dailymail.co.uk/news/article-10384677/Senior-Tories-increase-pressure-PM-head-pain-soaring-energy-bills-tax-rises.html
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