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<a href="http://www.accessmylibrary.com/coms2/summary_0286-26435089_ITM" title="Facts and information about Inflation: what we're not being told! Inflation is often falsely defined as a market-driven rise in prices and wages. In reality, it's when government increases the money supply, thereby devaluing the dollar. (Economics).">Inflation: what we're not being told! Inflation is often falsely defined as a market-driven rise in prices and wages. In reality, it's when government increases the money supply, thereby devaluing the dollar. (Economics).</a>
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Inflation: what we're not being told! Inflation is often falsely defined as a market-driven rise in prices and wages. In reality, it's when government increases the money supply, thereby devaluing the dollar. (Economics).
No economic term in general usage is more widely misunderstood than "inflation." This article will give you the basics about this cruel hidden tax that has taken a 1940 dollar and made it worth less than 5cents today.
What Is Inflation?
It is an increase in the money supply. More specifically, inflation is an increase in the supply of money and credit. Inflation is NOT -- and never has been -- rising prices and rising wages. Instead, these are two of inflation's most visible damaging effects.
When the money supply is increased, all money in circulation inevitably becomes less valuable. Just as when you add water to a pot of soup, each bowl ...
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Source: HighBeam Research, Inflation: what we're not being told! Inflation is often falsely...