Zilvinas Silenas: Part of Inflation Natural and All Good, Other Part Fueled by Government Money

Steve Lance
By Steve Lance
August 4, 2021World News

Zilvinas Silenas, president of the Foundation for Economic Education, commented on inflation, saying one part is “the effects of the economy rebounding. Of course, on the other hand, we have where the government prints money, gives stimulus checks for everyone … one part of increasing inflation is natural and all good. Another part is fueled by government money. ”

He said that some young people who accept socialism and don’t have a problem with it are confused. “If young people really want to experience communism, I’d say don’t look at Demark. Look at Soviet Union or read your history books. Look at Venezuela and look what’s happening. If you’re a young person and you care about justice, environment, equality—Soviet Union, socialism does not deliver any of this,” he said.

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