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The Survival Economist: All you Need to Know about Monetary Inflation and Price Inflation

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The Survival EconomistPremiered Jul 24, 2021 Nowadays when the media or government officials discuss “inflation” they mean “the increase in consumer prices.” However, originally the term referred to an increase in the quantity of money (including bank credit). Here is how Ludwig von Mises, in a 1951 speech, discusses the semantic change and its implications: ______________________________________________________ If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.______________________________________________________ All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the…

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