EPISODE · May 27, 2025 · 9 MIN
Inflation: Looking Beyond Aggregates
from Audio Mises Wire · host Mises Institute
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.Original article: Inflation: Looking Beyond Aggregates
What this episode covers
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.Original article: Inflation: Looking Beyond Aggregates
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Inflation: Looking Beyond Aggregates
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