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Tags Money and Banks04/09/2022Daniel Lacalle
Some blame high prices, wages, the Ukraine war, or the weak recovery. The fact is currency destruction is at the heart of generalized price rises everywhere.
Original Article: "Commodities Do Not Cause Inflation. Money Printing Does."
This Audio Mises Wire is generously sponsored by Christopher Condon.
Daniel Lacalle
Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020), Escape from the Central Bank Trap (2017), The Energy World Is Flat (2015), and Life in the Financial Markets (2014).
He is a professor of global economy at IE Business School in Madrid.
Commodities Do Not Cause Inflation. Money Printing Does.
Tags Money and Banks04/09/2022Daniel Lacalle
Some blame high prices, wages, the Ukraine war, or the weak recovery. The fact is currency destruction is at the heart of generalized price rises everywhere.
Original Article: "Commodities Do Not Cause Inflation. Money Printing Does."
This Audio Mises Wire is generously sponsored by Christopher Condon.
Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Daniel Lacalle
Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020), Escape from the Central Bank Trap (2017), The Energy World Is Flat (2015), and Life in the Financial Markets (2014).
He is a professor of global economy at IE Business School in Madrid.