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Sunday, April 04, 2010

Should We Fear Inflation Over The Next Year Or So?

Governments can pump more money into the economy, but governments cannot increase the supply of goods consumers desire.  More money chasing the same amount of goods causes inflation.

An earlier lecture by Ludwig von Mises analyzes the underlying impetus for inflation.

Posted by Thomas E. Brewton on 04/04 at 06:13 PM
Economics • (1) Comments
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