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Jimmy Akin's Mysterious World

The Mystery of Inflation (Pocketbook Pain!)

Jimmy Akin's Mysterious World

Jimmy Akin

Christianity, Science, Society & Culture, Documentary, Religion & Spirituality

4.82.8K Ratings

🗓️ 25 March 2022

⏱️ 81 minutes

🧾️ Download transcript

Summary

Listeners have noticed that when Jimmy Akin mentions how much something cost in the past, he says it's due to "inflation the government has caused." 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.

The post The Mystery of Inflation (Pocketbook Pain!) appeared first on StarQuest Media.

Transcript

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0:00.0

Jimmy Akin's mysterious world is brought to you by the StarQuest Production Network

0:04.4

and is made possible by our many generous patrons.

0:07.2

If you'd like to support the podcast, please visit sqpn.com slash give.

0:12.3

Jimmy Akin's mysterious world is also brought to you in part

0:15.2

through the generous support of Aaron Ferguson Electric and Automation at aronv.com,

0:20.1

a-a-r-o-n-v.com, making connections for life for your automation and smart home needs

0:26.0

in north and central Florida.

0:38.7

You're listening to episode 199 of Jimmy Akin's mysterious world,

0:44.2

where we look at mysteries from the twin perspectives of faith and reason.

0:48.4

In this episode, we're talking about the mystery of inflation

0:52.9

and the pocketbook pain it causes. I'm Dom Betanelli and joining me today is Jimmy Akin.

0:58.4

Hi Jimmy. Howdy, Dom. Folks here on mysterious world, we have certain tropes that turn up from time

1:04.3

to time. One is it's always aliens or another is it's always demons because those are the two

1:11.3

explanations for mysteries that people tend to leap to. When we're covering an historical mystery,

1:16.5

and Jimmy mentions how much something cost in the past, Ilafa mentioned how much it would cost

1:21.3

in today's dollars, and then he'll add, because of the inflation the government has caused.

1:27.0

Well, listeners like you have noticed and we've been getting requests for Jimmy to explain.

1:31.9

So what is inflation? Why does it happen? And why does Jimmy say the government is responsible?

1:38.4

Well, that's what we'll be talking about on this episode of Jimmy Akin's mysterious world.

1:43.7

So Jimmy, to begin, I want to throw to you again. Why did you want to cover this topic?

1:48.3

Well, because of the questions that we've gotten from listeners and because inflation is back in

1:53.1

the news this year. A long time ago, I did a study of economics and learned that the government is

...

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