Mises Wire
Author:
Ludwig von Mises
Online Publish Date:
literature and of the ideas that guided for centuries the monetary and credit policies of the nations reveals that this opinion is almost generally accepted. In from the fall in the prices of goods already produced and available. Creative innovations, new investments, and the application of improved technological methods satisfaction at the lowest costs. Such observations are certainly not a plea for a policy of deflation. They imply merely a refutation of the ineradicable inflationist