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May 27, 2025

Inflation: Looking Beyond Aggregates

from Audio Mises Wire Hosted by Joe Chavez

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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