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How Inflation Destroys Civilization

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Inflation doesn’t only make us poorer. It harms our culture, mental well-being, and the moral foundations of civilization itself.
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Inflation doesn’t only make us poorer. It harms our culture, mental well-being, and the moral foundations of civilization itself.

There is no more powerful voice against the true costs of inflation than Jorg Guido Hulsmann.

Internationally recognized as one of the brightest Austrian economists of our age, and the biographer of Ludwig von Mises, Dr. Hulsmann has long warned of the devastating cultural consequences of our modern age of fiat money.

In How Inflation Destroys Civilization, Dr. Hulsmann’s piercing analysis highlights the true tragedy of our inflationary regime in a way few others can.

After all, inflation isn’t simply a stealth tax on the average American, it does so to fund the worst aspects of the current regime. It’s the lifeblood of both the war machine abroad and the growing politicized police state at home. In its wake, it leaves a society that rewards self-destructive short-term behavior and does so at the expense of those who sacrifice to make responsible decisions in their daily lives.

It robs us materially, morally, and spiritually. 

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