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The Inflationist View of History

  • Audio Mises Daily
March 5, 2010

Tags World HistoryCapital and Interest TheoryMonetary TheoryPhilosophy and MethodologyValue and Exchange

With an inflationary or deflationary policy, a government does not promote the public welfare, the commonweal, or the interests of the whole nation. It merely favors one or several groups of the population at the expense of other groups, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.

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