I’m not buying this guy’s claim that inflation is the cause of all evil and the disintegration of morality.
A breakdown in the financial system causes chaos. This chaos throws previous moral codes and rules of behavior out the window. People begin reacting to the new social situation. If the situation is chaotic, so is their behavior. The French revolution is a good example. After the revolution, the country was in chaos. Women went from wearing very rigid heavy clothing to flimsy muslins (their outdoor clothing now resembled their former underwear). Some women even began dampening their dresses to make them semi-see through and to make them cling.
