More “inflation” does not help the economy
November 1, 2013 in Economics
The New York Times and news outlets around the world continue to push the idea that higher inflation (of prices) is what the global economy needs. It is suppose to help governments, businesses, households, and jobs. This is nonsense of course. I address this issue in this interview on the Butler on Business on Business Show this week. John Cochran addresses the issue on this blog as well.
Source: MISES INSTITUTE
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