Inflation and Economic Growth

Tags: Central Banks, Inflation, Monetary Policy, U.S. History

10/03/2025 Frank Shostak

According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied by deflation.

Original article: https://mises.org/mises-wire/inflation-and-economic-growth

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