Uploaded January 2024 | Updated September 2026, 1 week ago
Inflation is the word of the day; rates in the United States have hit 40-year highs, and seemingly everyone is feeling the pain - from the gas pump to the grocery store.
️🔥 Watch Prof. Davies' Latest Video: 7 MYTHS ABOUT THE GREAT DEPRESSION - youtu.be/q4ZMMH6LxXc ️🔥
🎙️ Professor Davies also co-hosts a PODCAST! Find him and James R. Harrigan in the Words & Numbers podcast: wordsandnumbers.libsyn.com 🎙️
But with growing media attention also comes bad or misleading information.
To set the record straight, we brought in the heavy muscle: Learn Liberty's old friend Antony Davies, Associate Professor of Economics at Duquesne University, and co-host of the podcast Words and Numbers.
We teed him up with 10 myths - before factoring for inflation ;) - and then just … let him go. His answers, full of hard data and clear logic, didn't disappoint.
Some of the myths he debunked:
-"The price of this thing I buy went up. That's inflation."
-"Inflation is caused by corporate greed."
-"The President is responsible for inflation."
-"Everything at the supermarket is getting smaller. That's not factored in."
-"The Fed had to do SOMETHING to combat Covid."
-"The government can fight inflation by raising taxes."
For more content with Professor Davies, see our videos on Modern Monetary Theory (youtube.com/watch?v=ICMN07PGtSk) and government debt (youtube.com/watch?v=EPjrFjAxwlw).
#inflation #myths #Fed #moneyprinting #goldstandard
TimeCodes
0:00 - Intro
0:35 - Myth 1
1:24 - Myth 2
2:25 - Myth 3
3:49 - Myth 3.5
5:11 - Myth 3.5.5
6:12 - Myth 4
6:51 - Myth 5
10:31 - Myth 6
12:00 - Myth 7
14:01 - Myth 7.5
15:22 - Myth 8
16:44 - Myth 9
17:33 - Myth 10
21:19 - Myth 0
22:19 - Myth 11
23:12 - Myth 12
25:43 - Bonus Myth
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at learnliberty.org/.
Inflation is the word of the day; rates in the United States have hit 40-year highs, and seemingly everyone is feeling the pain - from the gas pump to the grocery store.
️🔥 Watch Prof. Davies' Latest Video: 7 MYTHS ABOUT THE GREAT DEPRESSION - youtu.be/q4ZMMH6LxXc ️🔥
🎙️ Professor Davies also co-hosts a PODCAST! Find him and James R. Harrigan in the Words & Numbers podcast: wordsandnumbers.libsyn.com 🎙️
But with growing media attention also comes bad or misleading information.
To set the record straight, we brought in the heavy muscle: Learn Liberty's old friend Antony Davies, Associate Professor of Economics at Duquesne University, and co-host of the podcast Words and Numbers.
We teed him up with 10 myths - before factoring for inflation ;) - and then just … let him go. His answers, full of hard data and clear logic, didn't disappoint.
Some of the myths he debunked:
-"The price of this thing I buy went up. That's inflation."
-"Inflation is caused by corporate greed."
-"The President is responsible for inflation."
-"Everything at the supermarket is getting smaller. That's not factored in."
-"The Fed had to do SOMETHING to combat Covid."
-"The government can fight inflation by raising taxes."
For more content with Professor Davies, see our videos on Modern Monetary Theory (youtube.com/watch?v=ICMN07PGtSk) and government debt (youtube.com/watch?v=EPjrFjAxwlw).
#inflation #myths #Fed #moneyprinting #goldstandard
TimeCodes
0:00 - Intro
0:35 - Myth 1
1:24 - Myth 2
2:25 - Myth 3
3:49 - Myth 3.5
5:11 - Myth 3.5.5
6:12 - Myth 4
6:51 - Myth 5
10:31 - Myth 6
12:00 - Myth 7
14:01 - Myth 7.5
15:22 - Myth 8
16:44 - Myth 9
17:33 - Myth 10
21:19 - Myth 0
22:19 - Myth 11
23:12 - Myth 12
25:43 - Bonus Myth
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at learnliberty.org/.
