When inflation rises too sharply and currency loses its’ value, governments can and do take away all the value of the currency in a process called “demonetization”. In this episode, Ronni and Brittany talk about what’s happening in Zambia. Here’s a transcript of our conversation: Ronni: Hey, Brittany. Brittany: Hi, Ronni. Ronni: So, I know […]
The price of eggs has skyrocketed over the last few months. Today, Brittany and Ronni explain why this is happening. Here’s a transcript of our conversation: Brittany: Hi, Ronni. Ronni: Hey, Brittany. Brittany: So, if you go ask your parents, maybe pause the podcast or go ask them after. If you go ask them how […]
Introduction The current monetary system can be complex, involving banks, buyers, sellers, and governments. While modern digital currencies have taken centuries to develop, the concept of currency originated from bartering – trading goods or services without the aid of a medium of exchange. Although bartering has benefits, it has limitations as not everyone needs what […]
Why is everything so expensive right now?! The answer is inflation, but it’s not caused by corporate greed like they want you to believe—it’s caused by the Fed. Here’s how: Inflation, at its core, is when there’s too much money floating around, and it ends up making each dollar worth less. For example, if the […]
It’s the Fed, Joe! Back in May, President Biden accused greedy corporations of causing inflation by not paying their “fair share”. Before that he blamed rising food and fuel costs on Russia, calling it “Putin’s price hike”. But people who understand the way money and business work know that the soaring inflation and rising prices […]
Inflation is skyrocketing over the past several months. While this is bad news for the economy, some economics are trying to say that inflation is actually a good thing. Here’s a transcript of our conversation: Brittany: Hi, Connor. Connor: Hey, Brittany. Brittany: So I just went home for Christmas. I know our listeners are listening to this probably […]
You’ve seen the same inflation I have… prices are up everywhere. And Biden is trying to call it the “Putin Price Hike” in order to shift the blame away from his (and Trump’s) money-printing bonanza. It’s a lie meant to misdirect you from understanding the real source of the problem. Meanwhile, what do the central […]
On this day in 1913, the Federal Reserve Act was signed, creating the nation’s third central bank. In the 108 years since, it has successfully enriched the powerful and well-connected and stolen from the rest of us by manipulating the Dollar. This week, millions of Americans are dealing with the most expensive Christmas of their […]
It would appear that Joe Biden has been reading The Tuttle Twins and the Miraculous Pencil… If not our version, perhaps the original essay that inspired it: I, Pencil by Leonard Read. Or maybe he just caught Tuesday night’s premiere of the 3rd Tuttle Twins Cartoon episode, which happened to discuss how pencils are made… […]
If you’ve been to the grocery store lately, you’ll notice that the price of everything has been skyrocketing. While inflation plays a huge role in this problem, there are other factors as well, including something called shrinkflation. Links: Tuttle Twins and The Creature from Jekyll Island Beware Of ‘Shrinkflation,’ Inflation’s Devious Cousin Ducktales Inflation Tuttle […]
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