libertypicks on Nostr: mises.org: Should Inflation Be Defined Only as Price Increases? -- ...

mises.org: Should Inflation Be Defined Only as Price Increases? -- https://tinyurl.com/2cnjoxkq -- Mainstream economists define “inflation” as general increases in consumer and producer prices. Yet, such a definition misses why prices increase in the first place and why inflation should be described as an artificial increase in the money supply. #liberty #news