With price inflation now evident to everyone, I decided to revisit some fallacies (like Elizabeth Warren’s claim that price increases are caused by “greed”) about inflation and fiat money.
Articles Mentioned
“Deflation and Depression: Is There an Empirical Link?” by Andrew Atkeson and Patrick J. Kehoe
“Do Sticky Wages Weaken the Case for Markets?” by Robert Murphy
“Are “Sticky Wages” a Market Failure?” by Robert Murphy
Related Episodes
Ep. 1180 Inflation: Its Cultural and Political Consequences
Ep. 721 The Moral and Material Disasters of Fiat Money
Ep. 529 Leftist Site Attacks Gold Standard; Here’s Our Smackdown
Ep. 518 Woods Speech: What Has Government Done to Our Money?
Ep. 394 There Is Nothing to Fear About Deflation
Ep. 135 Money, Sound and Unsound
Ep. 37 The Deflation “Threat”
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