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134. Praxeology in One Lesson with Conza

The Bitcoin Standard Podcast

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Is Inflation a Scientific Factor?

The word inflation in a general usage has lost its actual scientific meaning. Mises uses where inflation is defined wrongly as an increase in prices. So even some who, well-intentioned, refer to prices going up and down, say, oh, this price of these goods went up. It's like whatever it is, but not harping on the actual definition.

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