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Defining "Inflation" Correctly

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Tags InflationPricesProduction Theory

06/05/2020Frank Shostak

The real problem with inflation, properly understood is that it is essentially a wealth transfer away from the most productive parts of the economy. This causes bubbles and economic fragility.

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Original Article: "Defining "Inflation" Correctly​"

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Contact Frank Shostak

Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments of financial markets and global economies. Contact: email.

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