By: Kamil Toume
Looking it up in dictionaries and on most central banks websites, inflation is defined as a continual and a sustained increase in the price of goods and services. What a stupid definition!
Inflation is an economic trickery performed by private corporations known as central banks which print money ” fiat currency” out of thin air. When goods’ prices increase, it means the central banks loaded the printing press with full ink cartridges at full capacity to print fiat currency and inject in the market.
Who is responsible for increasing prices continually and crunching parts of your monthly income? Understanding the definition, changes the whole game.