Mises Wire
Author:
Frank Shostak
Online Publish Date:
Listen to the Audio Mises Wire version of this article. The yearly growth rate of the US consumer price index (CPI) fell to 0.4 percent in April from 2 of goods and services is regarded as bad news since it is associated with major economic slumps such as the Great Depression of the 1930s. In July 1932, during the