Inflation Is Not Price Increases. Inflation Causes Price Increases.

Tags Central BanksEconomic PolicyThe FedInflation

11/20/2022Frank Shostak

Narrator:

The common view of inflation is that it is defined as a general increase in prices. Actually, inflation is expansion of the money supply that results in price increases.

Original Article: "Inflation Is Not Price Increases. Inflation Causes Price Increases."

This Audio Mises Wire is generously sponsored by Christopher Condon. '

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

Author:

Contact Frank Shostak

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