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What You Should Know About Inflation

  • Audio Mises Daily
April 9, 2008

Tags Money and BanksCapital and Interest TheoryPhilosophy and MethodologyPricesValue and Exchange

No subject is so much discussed today — or so little understood — as inflation. The politicians in Washington talk of it as if it were some horrible visitation from without, over which they had no control — like a flood, a foreign invasion, or a plague. It is something they are always promising to "fight" — if Congress or the people will only give them the "weapons" or "a strong law" to do the job, writes Henry Hazlitt (1894–1993).

This audio Mises Daily is narrated by Floy Lilley.

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