1930's Propaganda Film Promoting Inflation
Dec 17, 2008
Here is an interesting 10-minute, black-and-white film from about 1934 to explain the benefits of monetary inflation as the cure for the Depression.
It is interesting to me, since the news is telling us today that the next president is getting ready to put forward the "mother of all stimulus packages." It is to be a TRILLION DOLLAR stimulus package for the economy. I suppose since the previous trillion-dollar stimulus packages (combined) did not work, this one is supposed to succeed where the others failed.
Dr. Stephen Jones