Inflation Isn’t Caused by Capitalism. It’s Caused by Elite Socialism.

We’re always told that under capitalism–i.e., economic freedom–the rich get richer and the poor get poorer. It was never true. Under economic freedom, everyone gets richer, so long as they make rational decisions and are willing to think and work. But it IS true now. Under elite Communism (America’s present system), the connected get richer and the middle class shrinks into varying degrees of relative poverty.

The Bidens and other politically connected criminals get richer while the disconnected get poor, or at least fail to grow. Meanwhile, in Argentina, the world’s first libertarian president is breaking hyperinflation. It’s a transformative development, and the best news in many years.



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