SLP485 What is Inflation? with Jonathan Newman

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