The Debt-Inflation Spiral Is Driving up the Demand for Gold

It is often claimed that inflation reduces the true burden of debt. This is true for existing debt, but those who advocate it as a remedy for government indebtedness fail to understand that it also increases the cost of the government’s future debt.”

“The Rescue Attempt Has Already Failed

You may have missed the establishment’s last-ditch attempt earlier this year to save itself. Figure 1 below shows its failure:”

https://mises.org/wire/debt-inflation-spiral-driving-demand-gold