February 04, 2024

Rune Østgård - Fraudcoin - 1000 Years with Inflation as a Policy | Part 1

33 minutes

In this episode I'm joined by Rune Østgård, a lawyer with a deep passion for monetary history and the author of "Fraudcoin: A Thousand Years with Inflation as a Policy" as we delve into the historical roots of inflation and its persistent role in shaping economic policies.

Rune takes us on a fascinating journey from the Viking era to the present day, revealing how inflation has been used as a tool to transfer wealth from the masses to the ruling elite. We explore the story of King Harald Hardrada of Norway, who nearly a millennium ago, began the practice of currency debasement, setting the stage for inflation as a deliberate policy.

Blog post available at: https://www.stocksforbeginners.net/blog/rune-ostgard-fraudcoin-01

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