Rising Prices Are Caused by Monetary Inflation, Not Greed

Rising Prices Are Caused by Monetary Inflation, Not Greed

Price inflation is never caused by greed. It’s always caused by a growing money supply. The money supply has grown big-time since 2020, and now we pay a lot more for food and housing.

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What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

 


Originally Posted at https://mises.org/


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