In the denouement of the film There Will Be Blood, the antihero Daniel Planview dramatically reveals to his nemesis that he has secretly siphoned away all of the latter’s underground oil. “Drainage!” he bellows, as only Daniel Day-Lewis can, “Drained dry. I’m so sorry. Here, if you have a milkshake, and I have a milkshake, and I have a straw. There it is, that’s a straw, you see? You watching? And my straw reaches acroooooooss the room, and starts to drink your milkshake. I… drink… your… milkshake! [sucking sound]” Through inflation (expanding the money supply), as I will show, the state … Continue reading How Inflation Ruins Your Life