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Is Inflation a Good Thing?

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Tags Money and BanksCapital and Interest TheoryMonetary TheoryValue and Exchange

10/30/2013Mark Thornton

Interviewed by host Alan Butler, Mark Thornton dispels the notion that a little bit of inflation is a good thing. He also discusses central banking and boom-bust cycles, and addresses the Keynesian contention that loose monetary policy can help lower unemployment.

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Mark Thornton is a Senior Fellow at the Mises Institute and the book review editor of the Quarterly Journal of Austrian Economics. He has authored seven books and is a frequent guest on national radio shows.

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