The Chimera of a Postpandemic Postwar Return to Monetary Normal

Tags: The Fed, Inflation, Monetary Policy

01/25/2023 Brendan Brown

Government and monetary authorities claim that the worst of the postcovid lockdown disruptions are past and a “return to normal” is just around the corner. It will be a very long corner.

Original Article: “The Chimera of a Postpandemic Postwar Return to Monetary Normal”

This Audio Mises Wire is generously sponsored by Christopher Condon.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.