Mises Daily
Author:
Ludwig von Mises
Online Publish Date:
be called insufficient or excessive, and the appetite for such gains may result in policies designed to bring about cash-induced alterations in purchasing power. general tendency toward a rise or a fall in commodity prices and wage rates. This innovation is by no means harmless. It plays an important role in fomenting the available to signify what inflation used to signify. It is impossible to fight a policy you cannot name. Statesmen and writers no longer have the opportunity of