Why It's So Hard to Stop Inflation

9 Feb 2023

Event Details


In all fields, any problem is hard to stop if it has been mis-diagnosed. In the case of inflation, the misconception is that it results from disequilibrium: too much demand confronting too little supply; or too much money chasing too few goods. Actually, there is very strong evidence that the cause is simply instability in the value of the currency.

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