EPISODE · Oct 20, 2021 · 15 MIN
A Warning: Inflation
from The Stephen Mansfield Podcast
Inflation is essentially government theft. Let’s talk about it. Inflation occurs when government expands the money supply. The greater the supply, the less scarce – and therefore valuable – something becomes. In our economy, the federal government can expand the money supply through policy. We currently have an inflation rate around 5.9%. In this episode, Stephen discusses what this can mean for everyday wage-earners and investors. Be wise, and keep your eye on the inflation rate.
What this episode covers
Inflation is essentially government theft. Let’s talk about it. Inflation occurs when government expands the money supply. The greater the supply, the less scarce – and therefore valuable – something becomes. In our economy, the federal government can expand the money supply through policy. We currently have an inflation rate around 5.9%. In this episode, Stephen discusses what this can mean for everyday wage-earners and investors. Be wise, and keep your eye on the inflation rate.
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A Warning: Inflation
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