Quarterly Journal of Austrian Economics
Author:
Arkadiusz Sieroń
Online Publish Date:
Quarterly Journal of Austrian Economics 20, no. 2 (Summer 2017) ABSTRACT: The aim of this paper is to examine the non-price effects of monetary inflation. An increase in the money supply may lead to price inflation, but it may also affect the non-price parameters of goods and services, such as quality or the quantity enclosed in packaging. Based