SLP485 What is Inflation? with Jonathan Newman
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Jonathan Newman, Associate Professor of Economics and Mises Fellow joins me to chat:

• Contrasting definitions of inflation

• How did Mises define inflation?

• How did Rothbard define inflation? 

• Where and how does fractional reserve come into it? 

• Cantillon effect and the Mises effect

• Costless production of money

Links:

• Paper: What Is Inflation? Clarifying and Justifying Rothbard’s Definition) 

• Twitter: @NewmanJ_R) 

• Twitter: @KrisMoustHansen)

Sponsors:

• Swan Bitcoin)

• CoinKite.com)(code LIVERA)

• Mempool.space)