Why Printing Money Won't Solve Our Economic Problems

Inflation is the word of the day; rates in the United States have hit 40-year highs, and seemingly everyone is feeling the pain - from the gas pump to the grocery store.

‎️‍🔥 Watch Prof. Davies' Latest Video: 7 MYTHS ABOUT THE GREAT DEPRESSION - https://youtu.be/q4ZMMH6LxXc ️‍🔥

🎙️ Professor Davies also co-hosts a PODCAST! Find him and James R. Harrigan in the Words & Numbers podcast: https://wordsandnumbers.libsyn.com/ 🎙️

But with growing media attention also comes bad or misleading information.

To set the record straight, we brought in the heavy muscle: Learn Liberty's old friend Antony Davies, Associate Professor of Economics at Duquesne University, and co-host of the podcast Words and Numbers.

We teed him up with 10 myths - before factoring for inflation ;) - and then just … let him go. His answers, full of hard data and clear logic, didn't disappoint.

Some of the myths he debunked:

-"The price of this thing I buy went up. That's inflation."

-"Inflation is caused by corporate greed."

-"The President is responsible for inflation."

-"Everything at the supermarket is getting smaller. That's not factored in."

-"The Fed had to do SOMETHING to combat Covid."

-"The government can fight inflation by raising taxes."

For more content with Professor Davies, see our videos on Modern Monetary Theory (https://www.youtube.com/watch?v=ICMN07PGtSk) and government debt (https://www.youtube.com/watch?v=EPjrFjAxwlw).

#inflation #myths #Fed #moneyprinting #goldstandard

TimeCodes

0:00 - Intro
0:35 - Myth 1
1:24 - Myth 2
2:25 - Myth 3
3:49 - Myth 3.5
5:11 - Myth 3.5.5
6:12 - Myth 4
6:51 - Myth 5
10:31 - Myth 6
12:00 - Myth 7
14:01 - Myth 7.5
15:22 - Myth 8
16:44 - Myth 9
17:33 - Myth 10
21:19 - Myth 0
22:19 - Myth 11
23:12 - Myth 12
25:43 - Bonus Myth

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Видео Why Printing Money Won't Solve Our Economic Problems канала Learn Liberty