Duck Tales Inflation Lesson
An episode of Duck Tales dealing with the negative consequences of inflation.for more information visit www.mises.org
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Channel: News
Uploaded: August 18, 2007 at 6:44 pm
Author: prattleon
Length: 00:04:26
Rating: 4.90
Views: 231597
Tags: ron liberty economics congress freedom paul counterfeit reserve inflation money federal government banking
Video Comments:
andrewleto (December 3, 2008 at 6:10 am)
Moderate Inflation could be a good thing. We are a nation of debt...imagine if we inflate the currency 30% most homes in the us will be finaly worth what the banks lent and owner paid. I am not a socialist by no means but this would be the perfect way to redistribute the wealth.
obezana (December 1, 2008 at 11:09 am)
omg............. duck tales. i had forgotten all about it. good warm nostalgia :) btw, excellent lesson. maybe if bushs staff had presented all the countrys problems in duck tales format we wouldnt have any issues today.lol
GemHudson (November 30, 2008 at 5:43 pm)
Yes inflating to bail out banks is only a lack of depositing any real money. Play money is flipping more than houses but selling flipped house need the fundamental up trend of an prospering economics. What they bought into. They sold a deal all on a low, low down next to nothing sub prime payment. No credit check and we'll see what you could afford. They swapped credit and guess who defaulted. Ceased up credit is shut off.
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Redistributing wealth by destroying value is not a very good idea. It is theft at best.