Propaganda Video From 1933 – Inflation

So how did the the 1930’s explain inflation? With propaganda of course. Check out this great vintage Keynesian (click the link to find out what Keynesian means) propaganda video explaining why inflation is such a good thing. This video is actually really interesting.

Of course in most cases, inflation is never a good thing, since there are so many other factors involved such as nobody spending money due to uncertainty in the economy, products and service prices rising and wages not accompanying and domestic products becoming less competitive, but hey, that’s what propaganda is for right?

Leave a Reply

Your email address will not be published.