Economist are fond of saying: "Inflation is caused by too much money chasing too few goods."
They say that if we just had less money, it would be worth more.
Perhaps if I set fire to all the money I have, I'd be rich!?
Money is not valuable because it is scarce, it's valuable because of what you can do with it.
Have you ever noticed that it is only when YOU have "too much" money that they claim it's inflationary. When the wealthy, the corporations and the banks have too much, it's just good business.
We must question these myths.
Then, we must act on truth.
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