The View From 1776

§ American Traditions

§ People and Ideas

§ Decline of Western Civilization: a Snapshot

§ Books to Read

§ BUY MY BOOK

Liberal_Jihad_Cover.jpg Forward USA

Thursday, October 07, 2010

We Already Have Inflation

In the short run, there is a distinction between prices and inflation.  Inflation is over-expansion of the money supply; rising prices are the after-effect.

Posted by Thomas E. Brewton on 10/07 at 01:41 PM
Economics • (3) Comments
Print this ArticleEmail A FriendPermalink