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Source link: http://archive.mises.org/2553/frying-pans-and-chinese-inflation/

Frying Pans and Chinese inflation

October 4, 2004 by

Recently, we wrote an article on the current inflationary milieu,  in which we had the prime opportunity to work in Mises’ great piece about the subjective nature of the beast, using the housewives’ frying pan analogy. Its seems Chinese housewives may be just at that point, today… 

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