Price changes of goods and services may arise due to variations in their supply and demand or due to changes in the purchasing power of money. The former case was to be called by Mises 1 “good-induced-changes” and the latter case “cash-induced-changes”.
Mostrando entradas con la etiqueta wealth redistribution effects of inflation. Mostrar todas las entradas
Mostrando entradas con la etiqueta wealth redistribution effects of inflation. Mostrar todas las entradas
Publicado por
Alejandro Zamorano Escriche
en
4:27
Etiquetas:
Austrian School of Economics and Monetary Theory,
economic effects of inflation,
effects of inflation,
inflation,
inflationary process,
printing money,
wealth redistribution effects of inflation
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