Comments by "NSResponder" (@NSResponder) on "" video.

  1. Your understanding of inflation needs some work. Inflation is a government policy to rob the public by diluting the currency. Supply and demand for commodities like lumber do not "drive inflation". This is a common misunderstanding which government and academia promotes, to focus public attention on rising prices, which are a response to inflation. This goes all the way back to FDR's mendacious anti-gold propaganda, and of course Gerald Ford's idiotic "WIN" (whip inflation now) campaign. The fed has been inflating the money supply at a breakneck pace since the real estate bubble popped about 20 years ago, and they've been inventing new names for the same old scam. We haven't seen the full effect of Bernanke and Yellen's robbery because the lion's share of the new money and credit were being used to prop up insolvent banks and keep the stock market artificially high. Sooner or later though, the expansion of the money supply shows up in the prices of everything we need.
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