“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.
Source link: http://archive.mises.org/20574/mises-daily-thursday-january-19-2012/
Mises Daily: Thursday, January 19, 2012
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