Duck Tales Inflation Lesson

I used to watch Duck Tales as a young child however I do not remember this episode. I’m glad that such as vitally important economic principle such as monetary inflation is explained so well in a children’s cartoon. I wonder how many kids who watch this actually understand the profound implications behind the hidden tax of inflation and why it is such an insidious destroyer of value to everyone who saves in currency which includes those on fixed incomes, retirees, the disabled etc. Get your wealth out of the counterfeit confetti monopoly money and put it into real tangible assets that the Federal Reserve cannot print! Cash is trash!

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Inflation is when you pay fifteen dollars for the ten dollar haircut you used to get for five dollars when you had hair.”

Sam Ewing, American writer

 

Just do good things

About Danilo

A practitioner of Eastern Healing arts with degrees in Acupuncture and Chinese medicinal herbs, I have always questioned the status quo, a path which led me to peaceful anarchism. Through my journey, I have worn many hats, that of a classical pianist, avid chess player, philosopher, comedian, and now father of two little anarchists. My wife brands me as a Cultural Critic, but I am simply following my thirst for knowledge and passion for writing.

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Posted in Central Banking.

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