#130 Andrés Bernal: Inflation & What Orthodox Economists Misunderstand About Money
The MMT Podcast with Patricia Pino & Christian Reilly
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Is Price Stability a Political Tactic?
Inflation is the continuous rise of a price level over a period of time. And really, some prices go up, and that gets called inflation as well. That's a problem, i think, that so many things get lumped under inflation. I like how that the passage it itself, is getting people think about what inflation is. You know, i think that talking about price stability is a political tactic - more accurate than just throwing around the word inflation all the time.
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