{"id":48401,"date":"2022-03-25T07:30:03","date_gmt":"2022-03-25T11:30:03","guid":{"rendered":"https:\/\/www.sqpn.com\/?p=48401"},"modified":"2022-03-22T15:36:26","modified_gmt":"2022-03-22T19:36:26","slug":"the-mystery-of-inflation-pocketbook-pain","status":"publish","type":"post","link":"https:\/\/sqpn.com\/2022\/03\/the-mystery-of-inflation-pocketbook-pain\/","title":{"rendered":"The Mystery of Inflation (Pocketbook Pain!)"},"content":{"rendered":"<!--powerpress_player--><div class=\"powerpress_player\" id=\"powerpress_player_8054\"><!--[if lt IE 9]><script>document.createElement('audio');<\/script><![endif]-->\n<audio class=\"wp-audio-shortcode\" id=\"audio-48401-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/media.blubrry.com\/jimmy_akins_mysterious_world\/traffic.libsyn.com\/secure\/sqpn01\/MYS199.mp3?_=1\" \/><a href=\"https:\/\/media.blubrry.com\/jimmy_akins_mysterious_world\/traffic.libsyn.com\/secure\/sqpn01\/MYS199.mp3\">https:\/\/media.blubrry.com\/jimmy_akins_mysterious_world\/traffic.libsyn.com\/secure\/sqpn01\/MYS199.mp3<\/a><\/audio><\/div><p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"https:\/\/media.blubrry.com\/jimmy_akins_mysterious_world\/traffic.libsyn.com\/secure\/sqpn01\/MYS199.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"MYS199.mp3\">Download<\/a><\/p><p><strong>MYS199<\/strong>: Listeners have noticed that when <a href=\"https:\/\/sqpn.com\/team_member\/jimmy-akin\/\">Jimmy Akin<\/a> mentions how much something cost in the past, he says it&#8217;s due to &#8220;inflation the government has caused.&#8221; Now he and <a href=\"https:\/\/sqpn.com\/team_member\/domenico-bettinelli-jr\/\">Dom Bettinelli<\/a> are going to explain why he says that, what inflation is, why it happens, and why Jimmy says the government is responsible.<\/p>\n<p><strong>Get all new episodes automatically and for free:<\/strong><br \/>\n\t\r\n\t<div id=\"podcast-subscribe-button-43228\" class=\"secondline-psb-radius-style secondline-psb-alignment-none\">\r\n\t\t\n\n<div class=\"secondline-psb-subscribe-inline\"><span class=\"secondline-psb-subscribe-Apple-Podcasts\"><a onMouseOver=\"this.style.color=`#ffffff`; this.style.backgroundColor=`#2a2a2a`\" onMouseOut=\"this.style.color=`#000000`; this.style.backgroundColor=`#c4c4c4`\" style=\"color:#000000; background-color:#c4c4c4\" class=\"button podcast-subscribe-button\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/jimmy-akins-mysterious-world\/id1423288932?i=1000497463288\" target=\"_blank\"><img decoding=\"async\" class=\"secondline-psb-subscribe-img\" src=\"https:\/\/sqpn.com\/wp-content\/plugins\/podcast-subscribe-buttons\/assets\/img\/icons\/Apple-Podcasts.svg\" alt=\"Apple Podcasts\" \/>Apple Podcasts<\/a><\/span><span class=\"secondline-psb-subscribe-YouTube\"><a onMouseOver=\"this.style.color=`#ffffff`; 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this.style.backgroundColor=`#2a2a2a`\" onMouseOut=\"this.style.color=`#000000`; this.style.backgroundColor=`#c4c4c4`\" style=\"color:#000000; background-color:#c4c4c4\" class=\"button podcast-subscribe-button\" href=\"https:\/\/music.amazon.com\/podcasts\/3034a20b-98dc-4f1a-8a57-5e77c436e3ac\/JIMMY-AKINS-MYSTERIOUS-WORLD\" target=\"_blank\"><img decoding=\"async\" class=\"secondline-psb-subscribe-img\" src=\"https:\/\/sqpn.com\/wp-content\/plugins\/podcast-subscribe-buttons\/assets\/img\/icons\/Amazon-Music.svg\" alt=\"Amazon Music\" \/>Amazon Music<\/a><\/span><span class=\"secondline-psb-subscribe-TuneIn\"><a onMouseOver=\"this.style.color=`#ffffff`; this.style.backgroundColor=`#2a2a2a`\" onMouseOut=\"this.style.color=`#000000`; this.style.backgroundColor=`#c4c4c4`\" style=\"color:#000000; background-color:#c4c4c4\" class=\"button podcast-subscribe-button\" href=\"http:\/\/www.stitcher.com\/s?fid=222392&#038;refid=stpr\" target=\"_blank\"><img decoding=\"async\" class=\"secondline-psb-subscribe-img\" src=\"https:\/\/sqpn.com\/wp-content\/plugins\/podcast-subscribe-buttons\/assets\/img\/icons\/TuneIn.png\" alt=\"TuneIn\" \/>TuneIn<\/a><\/span><span class=\"secondline-psb-subscribe-RSS\"><a onMouseOver=\"this.style.color=`#ffffff`; this.style.backgroundColor=`#2a2a2a`\" onMouseOut=\"this.style.color=`#000000`; this.style.backgroundColor=`#c4c4c4`\" style=\"color:#000000; background-color:#c4c4c4\" class=\"button podcast-subscribe-button\" href=\"https:\/\/feeds.sqpn.com\/mysterious\" target=\"_blank\"><img decoding=\"async\" class=\"secondline-psb-subscribe-img\" src=\"https:\/\/sqpn.com\/wp-content\/plugins\/podcast-subscribe-buttons\/assets\/img\/icons\/RSS.svg\" alt=\"RSS\" \/>RSS<\/a><\/span><\/div>                                       \n\t\t\r\n\t<\/div><br \/>\n<a href=\"http:\/\/subscribebyemail.com\/feeds.sqpn.com\/mysterious\" title=\"Subscribe by Email\">Follow by Email<\/a> | Watch this episode and subscribe <a href=\"https:\/\/youtu.be\/6oSBqjq_ttM\">on YouTube<\/a><\/p>\n<p><!--more--><\/p>\n<p><strong>Help us continue to offer Jimmy Akin&#8217;s Mysterious World. Won&#8217;t you make a pledge at <a href=\"https:\/\/sqpn.com\/give\/\" rel=\"payment\">SQPN.com\/give<\/a> today?<\/strong> <\/p>\n<p><iframe loading=\"lazy\" title=\"The Mystery of Inflation (Pocketbook Pain!) - Jimmy Akin&#039;s Mysterious World\" width=\"980\" height=\"551\" src=\"https:\/\/www.youtube.com\/embed\/6oSBqjq_ttM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p><strong>Links for this episode:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/amzn.to\/3ity1HO\">Thomas Sowell\u2019s book Basic Economics<\/a><\/li>\n<li><a href=\"https:\/\/amzn.to\/3ubwkUM\">Milton Friedman\u2019s book Free to Choose<\/a><\/li>\n<li><a href=\"https:\/\/amzn.to\/3tw4Dqy\">Robert Graves\u2019s book I, Claudius<\/a><\/li>\n<li><a href=\"https:\/\/amzn.to\/3isHqiF\">Robert Graves\u2019s book Claudius the God and His Wife Messalina<\/a><\/li>\n<li><a href=\"https:\/\/amzn.to\/3JzT4nN\">BBC I, Claudius series<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=0uyqBnkPoK0\">Milton Friedman How to Cure Inflation (video)<\/a><\/li>\n<li><a href=\"https:\/\/youtu.be\/d0nERTFo-Sk\">2010 Keynes vs Hayek rap battle<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=NwqPBlSxb-0\">\u201cThe Country\u2019s in the Very Best of Hands\u201d (Li\u2019l Abner video)<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Federal_Reserve\">Federal Reserve<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Inflation\">Inflation<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Deflation\">Deflation<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Hyperinflation\">Hyperinflation<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Hyperinflation_in_the_Weimar_Republic\">Weimar Hyperinflation (article)<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=QmZ36uABULY\">Weimar Hyperinflation (video)<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Loss_aversion\">Loss Aversion<\/a><\/li>\n<li><a href=\"https:\/\/www.in2013dollars.com\/\">Historical US Inflation Calculator<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Population_decline\">Population Decline<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Moore%27s_law\">Moore\u2019s Law<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Headline_inflation\">Headline Inflation<\/a><\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Core_inflation\">Core Inflation<\/a><\/li>\n<li><a href=\"https:\/\/www.investopedia.com\/articles\/investing\/081415\/understanding-how-federal-reserve-creates-money.asp\">How the Federal Reserve Creates Money<\/a><\/li>\n<li><a href=\"https:\/\/www.federalreserve.gov\/newsevents\/speech\/mishkin20071020a.htm\">Frederic Mishkin\u2019s piece Headline Versus Core Inflation<\/a><\/li>\n<li><a href=\"https:\/\/files.stlouisfed.org\/files\/htdocs\/publications\/review\/11\/07\/bullard.pdf\">James Bullard\u2019s piece Measuring Core Inflation: The Core Is Rotten<\/a><\/li>\n<li><a href=\"https:\/\/asiatimes.com\/2022\/01\/worst-us-inflation-since-82-is-huge-underestimate\/\">Asia Times on Housing Cost Underestimate<\/a><\/li>\n<li><a href=\"http:\/\/www.shadowstats.com\/\">Shadow Stats<\/a><\/li>\n<\/ul>\n<ul>\n<li>Please spread the word about the podcast. <a href=\"https:\/\/itunes.apple.com\/us\/podcast\/id1423288932\">Leave us a review on Apple Podcasts<\/a>!<\/li>\n<li>Purchase the books and other material from this and other episodes at the <a href=\"https:\/\/sqpn.com\/podcasts\/jimmy-akins-mysterious-world\/jimmy-akins-mysterious-world-bookstore\/\">Mysterious World Bookstore.<\/a><\/li>\n<li>Join the conversation at the <a href=\"https:\/\/www.facebook.com\/SQPN-26120051568\/\">Starquest Facebook page<\/a> and the <a href=\"https:\/\/www.facebook.com\/jimmyakinmysterious\/\">Jimmy Akin\u2019s Mysterious World Facebook page<\/a>.<\/li>\n<li>Send your feedback or comments to <a href=\"mailto:mysterious@sqpn.com\">mysterious@sqpn.com<\/a>  or send a tweet to <a href=\"https:\/\/www.twitter.com\/mys_world\">@mys_world<\/a><\/li>\n<li>You can also leave a voice message on the Mysterious Feedback Line at (619) 738-4515<\/li>\n<\/ul>\n<p><strong>Mysterious Headlines<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/slate.com\/technology\/2022\/01\/quantum-computing-winter-scenario.html\">What If Quantum Computing Is a Bust?<\/a><\/li>\n<li><a href=\"https:\/\/apnews.com\/article\/science-fusion-energy-lawrence-livermore-a3c1ecbb738640b0a2e384dc80b8dd07\">Are We About to Get Fusion Power?<\/a><\/li>\n<\/ul>\n<p><strong>This Episode is Brought to You By:<\/strong><br \/>\n<em>Jimmy Akin&#8217;s Mysterious World is brought to you in part through the generous support of Aaron Vurgason Electric and Automation at <a href=\"https:\/\/www.aaronv.com\">AaronV.com<\/a>. Making Connections for Life for your automation and smart home needs in north and central Florida. <\/em><\/p>\n<p><em><a href=\"https:\/\/gregandjennifer.com\/class\/\">Catechism Class<\/a>, a dynamic weekly podcast journey through the Catechism of the Catholic Church by Greg and Jennifer Willits. It&#8217;s the best book club, coffee talk, and faith study group, all rolled into one. Find it in any podcast directory.<\/em><\/p>\n<p><em><a href=\"https:\/\/www.fiorventolaw.com\">Fiorvento Law, PLLC<\/a>, specializing in adult guardianships and conservatorships, probate and estate planning matters. Accepting clients throughout Michigan. Taking into account your individual, healthcare, financial and religious needs. Visit <a href=\"https:\/\/www.fiorventolaw.com\">FiorventoLaw.com<\/a><\/em><\/p>\n<p><strong>Want to Sponsor A Show?<\/strong><br \/>\nSupport StarQuest&#8217;s mission to explore the intersection of faith and pop culture by becoming a named sponsor of the show of your choice on the StarQuest network. <a href=\"https:\/\/sqpn.com\/become-a-starquest-sponsor\/\">Click to get started or find out more.<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<!--powerpress_player--><div class=\"powerpress_player\" id=\"powerpress_player_8055\"><audio class=\"wp-audio-shortcode\" id=\"audio-48401-2\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/media.blubrry.com\/jimmy_akins_mysterious_world\/traffic.libsyn.com\/secure\/sqpn01\/MYS199.mp3?_=2\" \/><a href=\"https:\/\/media.blubrry.com\/jimmy_akins_mysterious_world\/traffic.libsyn.com\/secure\/sqpn01\/MYS199.mp3\">https:\/\/media.blubrry.com\/jimmy_akins_mysterious_world\/traffic.libsyn.com\/secure\/sqpn01\/MYS199.mp3<\/a><\/audio><\/div><p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"https:\/\/media.blubrry.com\/jimmy_akins_mysterious_world\/traffic.libsyn.com\/secure\/sqpn01\/MYS199.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"MYS199.mp3\">Download<\/a><\/p><p>Listeners have noticed that when Jimmy Akin mentions how much something cost in the past, he says it&#8217;s due to &#8220;inflation the government has caused.&#8221; Now he and Dom Bettinelli are going to explain why he says that, what inflation is, why it happens, and why Jimmy says the government is responsible.<\/p>\n","protected":false},"author":35,"featured_media":48403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[430,452],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Mystery of Inflation (Pocketbook Pain!)<\/title>\n<meta name=\"description\" content=\"Listeners have noticed that when Jimmy Akin mentions how much something cost in the past, he says it&#039;s due to &quot;inflation the government has caused.&quot; Now he and Dom Bettinelli are going to explain why he says that, what inflation is, why it happens, and why Jimmy says the government is responsible.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sqpn.com\/2022\/03\/the-mystery-of-inflation-pocketbook-pain\/\" 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