In this report, from London on Saturday, February 9th, 2019 I cover the topic of inflation and how the Powers That Be have corrupted the definition of the word.
I note that by changing the definition of inflation the Central Bankers and Politicians have been trying to steer the spotlight away from the fact that their monetary policies are the culprits for the rising cost of living and the growing wealth inequality that is destroying the middle class in the West.
I also look at history and specifically Tudor England when continuous wars led to the Kings of the time debasing the silver coinage with copper. That, of course, led to higher prices and was a hidden tax in order to steal the wealth from the public in order to finance the State.
My conclusion is that what we are told by Ph.D. economists at Central Banks about inflation is a complete deception as inflation is the abnormal increase in money and credit that leads to higher prices.
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