Deflation = A Rise in the Standard of Living

by Jeff Nielson
Bullion Bulls Canada

We need inflation. Just listen to any of the central bank inflation-creators, the puppet politicians, the charlatan economists, or the mindless parrots in the mainstream media. The perverse irony, of course, is that while these liars and idiots lament that we need more inflation, high inflation is already raging around us.

Why do we supposedly need inflation? The answer from these liars/idiots would be funny if it weren’t so tragic – because people actually believe it. We supposedly need inflation to help our economies grow, which (if it were actually true) would lead to a rising standard of living. With a bigger “pie”, everyone gets a larger slice.

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