Episode notes
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
