Why Governments Love Inflation #NomadDad
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Inflation has proved to be one of the most blistering features of the 2020 recovery, one that weighs directly on households across the country. Rents are rising, groceries are more expensive, and wages are being rapidly eroded for families just trying to cover the basics. And households aren’t expecting a quick reprieve.
But Why does the government Love inflation? Maybe because they are the biggest beneficiaries of it?
In this video Bob Henderson, Andrew's father will explain federal spending and why governments love inflation.
0:50 Federal Reserve System
2:10 Federal Spending
3:16 Inflation Explained
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