The Secret Origin Of Inflation And Why Government Loves It | Hn 183

Welcome to the seventh episode of Adam and Tyrone's exploration of the great book, Economic in Three Lessons by Hunter Lewis! Henry Hazlitt's masterpiece has been upgraded, and here on Haman Nature we will guide you through the entirety of this great new book on economics! (links to earlier episodes below)

00:00 – Intro. Reading books, for fun and profit!
03:21 -- Let's read Lesson Three: Enemies of the Free Price System, Chapter 15: Where Does This Leave the Poor? What does it mean to be poor in America? Who really benefits from government poverty programs? How do these programs trap people in poverty? What else does the government do to raise prices and hurt the poor?
12:13 -- Let's read Lesson Three: Enemies of the Free Price System, Chapter 16: How the Fed Fits In. Artificially expanding money and credit creates the boom/bust cycle and counterfeits wealth away from the citizenry.
19:49 -- Let's read Lesson Three: Enemies of the Free Price System, Chapter 17: The Fed's Conflict of Interest. Central banks and fiat currency allows for massive corruption, which they try to paper over by manipulating the "animal spirits" of market actors. It's all a shell game.
1:08:18 -- Outro. Thank you for watching Haman Nature!

Book mentioned: Economics in Three Lessons by Hunter Lewis: https://mises.org/power-market/new-hunter-lewis-economics-three-lessons

Economics in 3 Lessons playlist: https://www.youtube.com/playlist?list=PLuDViN4zW9Nz1h73cXCnSXjcx0mlqWX3o

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