In this report I look at how the definition of inflation has been subverted by the financial elites and mainstream media. The real definition of the word inflation in an economic context is the increase in the money supply via fiat money creation.
I point out in my report that the reason why the general public is being misled about inflation is that it is how the bankers and politicians manage to keep most people blind to the real reason behind the debasement of their currency and the ever increasing cost of living. By making inflation and the consequence of it, the rising prices, the same they can keep people from look at what inflation really is.
I conclude by pointing out that the ever rising budget deficits and national debt is the inflation as in our present fiat money system the only way to create money is through the creation of debt. I point out that the ever increasing supply of fiat money naturally leads to the debasement or loss of value of that currency versus scarce resources and real things.
▶️ DTube
▶️ IPFS