SLP153 Philipp Bagus - What Most People Get Wrong About Deflation
Stephan Livera Podcast
00:00
Why Is the Government Increasing Its Expenses?
Much of government to day is funded by inflationary fiat. People don't see thati when prices that government expensor and expensures go up and prices rise, he says. The costs of government spending are much clearer when they are taxes, when there increase in taxes. And the cost of the government spending, if it find its through the printing press, is hidden.
Play episode from 09:26
Transcript
