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Source link: http://archive.mises.org/20574/mises-daily-thursday-january-19-2012/

Mises Daily: Thursday, January 19, 2012

January 19, 2012 by

“How Deflationary Forces Will Be Turned into Inflation” by Thorsten Polleit

The ongoing financial and economic crisis has not only stoked fears that it will end in inflation; it has also given rise to a diametrically opposed concern: namely, that of deflation. But in today’s fiat-money regime, the possibility of deflation appears fairly small indeed.

“Money Makes the World Go Around” by Eugen-Maria Schulak and Herbert Unterköfler

Experience with the history of currency in the Austrian monarchy contributed to
the view of state intervention in the monetary system as a possible abuse.

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