SLP485 What is Inflation? with Jonathan Newman

SLP485 What is Inflation? with Jonathan Newman

Jonathan Newman, Associate Professor of Economics and Mises Fellow joins me to chat:

  • Contrasting definitions of inflation
  • How did Mises define inflation?
  • How did Rothbard define inflation?
  • Where and how does fractional reserve come into it?
  • Cantillon effect and the Mises effect
  • Costless production of money

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