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How the government creates inflation:
475,869 просмотров • 2 лет назад •via X (Twitter)
Комментарии: 10

Incredible work by @TuttleTwinsTv 🫡

@DeepMoneyWisdom That’s why inflation is created by the goverment to keep people down.

@DeepMoneyWisdom Thanks for sharing! Can you tag us next time? Watch “The Inflation Monster”episode for free here:

Thanks for the incredible work guys. And absolutely I will. Too many people share these on the internet so it's hard to find the real source but I'll keep in mind from the next time.

@DeepMoneyWisdom Right, the “government”

@DeepMoneyWisdom In 1278 "coin clippers' were caught doing this in England and 300 were executed. All of the "coin clippers" were later expelled from England in 1290.

@DeepMoneyWisdom It's worse than this now. Now money is created with credit. If you take a loan to buy a car, they don't give you somebody else's money to borrow, banks just add the value of the car plus interest to their total revenue, this allows them to make more loans.

@DeepMoneyWisdom Angel studios produced this??? Does anyone know this cartoon? I'm always looking for educational shows for my son.

@DeepMoneyWisdom It wasn't the government clipping coins.

@DeepMoneyWisdom @GymBodyFitness_ This is a dumb oversimplification. Can you people just read some books about the benefits of the fiat currency over the gold standard. Sorry (not sorry) that monetary policy can’t be explained in a 30 second cartoon.
