Central Banks Claim to Preserve the Value of Money through Inflation
![Audio Mises Wire](https://cdn.mises.org/styles/responsive_4_3_650w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=-YVs9bGp 650w,https://cdn.mises.org/styles/responsive_4_3_870w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=Ry3vrlrf 870w,https://cdn.mises.org/styles/responsive_4_3_1090w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=df3M-3lK 1090w,https://cdn.mises.org/styles/responsive_4_3_1310w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=paTFGbVB 1310w,https://cdn.mises.org/styles/responsive_4_3_1530w/s3/static-page/img/AudioMisesWire_750x516_20180223.jpg.webp?itok=eIMm0OdX 1530w)
Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets.
Original Article: “Central Banks Claim to Preserve the Value of Money through Inflation”
This Audio Mises Wire is generously sponsored by Christopher Condon. ‘