#inflation #cpi #money #credit #deflation #prices #fiatcurrency #brettonwoods #debt #moneysupply
Today we will look at the classic definitions of inflation and deflation and see why we have had inflation for the last forty years despite the fact that some people will still argue we are experiencing deflation.
We will also see why the baskets that measure the general consumer price levels are heavily doctored and not in themselves inflation.
John Williams' Shadowstats: http://www.shadowstats.com/
U.S. M2 Money Supply: https://fred.stlouisfed.org/series/M2
U.S. M3 Money Supply: https://fred.stlouisfed.org/series/MABMM301USM189S
SUPPORT MANECO64:
Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/
Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64
Crypto donations:
BITCOIN: 3P2qJdBJwy8AybiHMDkesGyrvre9KSppki
LITECOIN: MEGtbVsqsC6r4dPy4iZCr5s71hkAF1g73g
ETHEREUM: 0x2ba5e4e99f69a00ab71175453be74f652630649e
XRP: rXieaAC3nevTKgVu2SYoShjTCS2Tfczqx
BAT Currency: Uphold a/c name maneco