Our Founders were well aware of the fact that the Constitution wasn’t a perfect document. It didn’t cover everything, but it did do one thing consistently, and that was to restrict the Powers of Government. Now it’s time to learn about one of the ways those Powers are Restricted!
Now, when I think of inflation, I think of rubber balloons, and I’m going to ask you to do the same…The Balloon represents “Value.” The Air inside of it is Money. When we print more money, the value of money goes down, but the value of the balloon remains unchanged. It needs more money inside of it to remain the same. Take a breath and blow into the balloon. What happens? IT INFLATES.
