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Is There Such a Thing as Good Inflation?

Audio Mises Wire

Tags The FedFinancial MarketsMonetary TheoryMoney and Banking

07/12/2021Joseph T. Salerno

Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair. 

Original Article: "Is There Such a Thing as Good Inflation?"

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Contact Joseph T. Salerno

Joseph Salerno is academic vice president of the Mises Institute, professor emeritus of economics at Pace University, and editor of the Quarterly Journal of Austrian Economics.

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