Undisciplined on Nostr: Should Inflation Be Defined Only as Price Increases? ...
Should Inflation Be Defined Only as Price Increases?
https://mises.org/mises-wire/should-inflation-be-defined-only-price-increases
By Frank Shostak
> 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.
originally posted at https://stacker.news/items/866957
https://mises.org/mises-wire/should-inflation-be-defined-only-price-increases
By Frank Shostak
> 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.
originally posted at https://stacker.news/items/866957