Price Inflation Comes From Government, Not From ‘Excuseflation’ Or ‘Greedflation’ – OpEd

By Douglas French

Followers of the Austrian school of economics know that the term inflation refers to increasing the quantity of money or money substitutes. The result being a rise in the price of goods and services or a fall in the value of money. But, in the modern era, this rise in prices is called inflation and as Ludwig...