- Perhaps John Maynard Keynes’ best con job was convincing people that a growing economy needs inflation, lots of inflation.
- As David Gordon points out, however, Ludwig von Mises eloquently explained why inflation undermines the free market economy.
Original article: The Inflationist View of History
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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.
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