Lyn Alden Explains Why Inflation is Here to Stay in America

Rebel Capitalist Show

Forget what the corporate press is saying, inflation is here and it won’t be transitory. Inflation Is not a product of the elements, it’s the result of public policy. 

The late, great Ludwig von Mises said it best:

The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy. 

Any sober analysis of economic policy understands this. When the Fed doesn’t constrain its loose monetary policies and the federal and state governments restrict the supply of goods coming onto the market, you get the scenario of too much money chasing too few goods. 

The result is obvious: mass inflation. 

Once the inflation genie is out of the bottle, all bets are off. If the printing presses continue to be cranked up and/or the concept of private property gets fully up-ended, hyperinflation enters the picture. 

And that is a disaster of the highest order.