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According to the Marxists and their fellow travelers, inflation is good because it transfers wealth from creditors to debtors, and debtors are "the 99 percent." But inflation doesn't work that way.
Original Article: "No, Inflation Is Not Good for You"
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Contact William L. Anderson
William L. Anderson is a professor of economics at Frostburg State University in Frostburg, Maryland.