13

Some food for thought on inflation from Vincent Deluard...

13

The French guys seem to get it (Deluard is French, right?)

As Louis-Vincent Gave said in 2021: "I grew up in France, so I had a good dose of Marx in my education. The first thing Marx teaches you is that revolutions are typically the result of inflation."

Full video with Jack Farley:

(My only real disagreement was early on - the suggestion that inflation is somehow good for poor people. I completely disagree. Inflation is the most regressive tax.)

13 Comments
Authors
Rudy Havenstein