Mises Daily

Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No

Audio Mises Wire
Mises Daily Frank Shostak

Paul Krugman recently wrote that the reason we see high inflation is that people mistakenly believe inflation is in our future and act accordingly. This reasoning is false.

Original Article: "Do "Inflationary Expectations" Cause Inflation? Contra Krugman, the Answer Is No"

This Audio Mises Wire is generously sponsored by Christopher Condon. 

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