The Economy Is Much More Complex than You Realize
(Don Boudreaux)
This FEE video, by Sean Malone, is great. And, sincerely, my praise is not at all influenced by Sean’s generous mention of me a couple of time in the video. (But I do thank Sean for that honor.)
Source: https://cafehayek.com/2020/05/the-economy-is-much-more-complex-than-you-realize.html
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No it is not complex. The middle men and speculators manipulate the prices on everything. You get gouged everywhere you go. They spend millions on adds to convince you, you need it and you are getting your money’s worth. It is based on no permanent assets. If the elites want more they print it with no backing. They inflate and deflate this money at will. The stock market is a crap shoot. The claim of no inflation by the government is covered up by voting yourself a raise. Time to give someone else another crack at this one.