Money is Not Wealth: What History Can Teach Us About Inflation

Jeff and Rob Wyllie, Director of Ashbrook’s Political Economy program at Ashland University, discuss inflation in American and world history, how it comes to be, and why it can be so dangerous to economic, social, and political stability. In particular, they discuss inflation at the American Founding, during the Great Depression, and in the 1970s and 80s. They also discuss current inflationary causes, responses, and trends, and Jeff even gets Rob to offer a forecast about what he thinks could happen over the next year or two in the global and, especially, American economies.Host: Jeff SikkengaExecutive Producer: Greg McBrayerProducer: Jeremy Gypton