SLP153 Philipp Bagus - What Most People Get Wrong About Deflation

Philipp Bagus, Professor Department of Applied Economics, Universidad Rey Juan Carlos - joins me to talk about why deflation is not what you typically hear in the mainstream financial press. In this conversation we talk about:

• The real causes of deflation


• Why deflation is not necessarily what causes recessions


• Distinctions between growth deflation, and bank credit deflation


• Contrasting life under a fiat money standard with a hard money standard


• Real world examples

Philipp Bagus links:

• Website: http://philippbagus.com/


• Twitter: @PhilippBagus


• Book: In Defense of Deflation


• Mises Profile: Philipp Bagus

Other episodes you may like:

• SLP51 Guido Hulsmann


• SLP45 Jeff Deist

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