“Inflation is an insidious killer literally and figuratively.”-Jeff Deist

See below for the post where the statement was made by Jeff Deist.

Jeff Deist:

https://mises.org/profile/jeff-deist

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How Fiat Money Destroys Culture–Guido Hülsmann

 

“Monetary Inflation: An Economic and Ethical Evil

 

Monetary inflation depends on who gets the money first and who gets it last

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(Inflation is the creation of currency and credit out of thin air benefitting the first recipients at the expense of later recipients–For example: Nehemiah 5 and the Cantillon effects.)

Quoted from:

Human Action Part Four with Dr. Jeffrey Herbener-The Human Action Podcast

SEE:

AND AN ABOMINATION TO GOD:

Nehemiah: The king and his nobles (cronies) extracting from the people through debased silver

 

Micah 6: wicked balances and bag of deceitful weights

 

Money answers all things–Ecclesiastes

 

Inflation and debt destroy culture and are abominations to God

 

The destruction of the culture and the spiritual, the consequence of inflation (creation of currency and credit from paper and digital entries), resulting materialism and the destruction of the poor (an abomination to God)

 

Debasement and Crony Capitalism; Nothing is New Under the Sun

 

Inflation: Its Cultural and Political Consequences–Interview of Guido Hülsmann–Tom Woods Show

 

New Testament contains 215 verses pertaining to faith; 218 pertaining to salvation; and 2,084 dealing with money matters

 

Book: The Ethics of Money Production

 

The Ethics of Money Production–Video

 

Part of interview of Guido Hülsmann on “Cultural and Spiritual Legacy of Fiat Inflation”

 

Jesus and Paul talked much about money! Who turned over the money changers in the temple (His Father’s temple)?

 

Book: Money, Morality & the Machine: Smith’s Law in an Unethical, Over-Governed Age

 

Book: Worshipping the State: How Liberalism Became Our State Religion

 

Worshipping the State: How Liberalism Became Our State Religion—Video Presentation by the Author