The Worst-Kept Secret in America: High Inflation Is Back

May 31st 2021 10:10am EDT

The Worst-Kept Secret in America: High Inflation Is Back Authored by Mark Hendrickson via The Mises Institute, To most people, “inflation” signifies widespread rising prices. Economists have long argued, as a matter of technical accuracy, that “inflation” denotes an increasing money supply. Frankly, though, most people don’t care what happens to the supply of money, […]

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