Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
We all want to live well and no one wants their living standard to decline. That makes sense, right? It’s just the way we are made. What does not make any sense is the strange article of faith that has descended over Washington, DC, that says that no prices must ever be permitted to decline due to recessionary pressures. All resources in the