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Inflation the real story

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Learn the true meaning of inflation. Understand what really causes inflation. This video from the 1960's unwinds all the political spin of the last 50 years around inflation. Its not the speculators, its not greedy companies, its not inefficient farmers who cause inflation. Inflation has and will always be a monetary event. That is governments and central banks cause inflation by printing too much money. Rising prices of goods and services are simply a consequence of increasing money and credit. Too may dollars chasing too few goods.