Inflation Culture Weakens Families

The book argues that inflationary monetary regimes and credit expansion foster short‑termism and unstable expectations that discourage marriage and family formation. It cites long‑run declines in marriage rates (e.g., about 10.5 per 1,000 in the mid‑1980s to 6.5 in 2018) and frames these as predictable spillovers of fiat‑money policy, not random social drift. — This reframes inflation debates from purchasing power to social cohesion, suggesting central‑bank policy choices may shape family stability and demographic outcomes.