>People think inflation is rising prices. What kind of disgusting Keynesian propaganda has brainwashed you? Central banks create fiat out of thin air (put it into debt) and create inflation which in fact is a theft from ordinary people. Central banks financially enslave ordinary people by creating fiat out of thin air. You need to study economics harder, maybe read about Cantillion effect. "Cantillion’s contribution to monetary policy is just as important today. In Essai, Cantillon provided an advanced version of John Locke's quantity theory of money, focusing on relative inflation and the velocity of money. Namely, when you print money, it causes more pounds to chase fewer goods, pushing up the average cost resulting in inflation. His theory has been dubbed ‘The Cantillion effect’, and is a lesson to us all on the effects of inflation ‘financing the financiers’. "

Adam Smith Institute

The Cantillion Effect — Adam Smith Institute

The conventional history of economics usually starts with Adam Smith, David Ricardo and J. S. Mill. But there is one who came before, who might des...