How the Federal Reserve Destroys the Family w/ Jeffery Degner

Liam McCollum interviews Mises Institute Fellow Jeffery Degner about his new book, Inflation and the Family. Liam and Dr. Degner talk about the Federal Reserve’s destructive policies, explain Cantillon Effects and how the government creates wealth inequality with inflation, and react to Dean Withers on inflation and Tucker Carlson’s populist economics. 

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Inflation by Design: How Keynesian Dogma Undermines Capitalism

In most of the world, inflation is no longer an exception, it is the rule. Official inflation targets of 4 percent, 5 percent, or even 6 percent per year have become normalized, sold as signs of macroeconomic health. Yet these same rates quietly destroy savings, erode wages, and discourage long-term planning—especially for the poor. At just 6 percent annual inflation, the purchasing power of $100 drops to under $55 in ten years.