
Ep. 2016 The Truth About Inflation
The Tom Woods Show
00:00
Will Anterpeners Fail to Anticipate the Decline in Prices All the Time?
Inflation is not necessary for a prosperous economy. We never ever need to increase the supply of money, he says. There's no reason to expect that the entire good thing for prices to fall. Inflation was refuted by david ricardo 200 years ago with a fixed supply of money. So we don't need inflation in the first place.
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