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Inflation: Looking Beyond Aggregates

Summary by Mises Institute

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.

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Mises Institute

Inflation: Looking Beyond Aggregates

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.

2 days ago

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Mises Institute broke the news in 2 days ago on Wednesday, May 7, 2025.

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