As the Austrian School economists know, inflation distorts price signals unevenly. It may be tempting to try to filter out inflation from any given good or service to find its real price had the currency supply never been inflated in the first place, but this is impossible given the uneven effects.
Already a subscriber? Log in
Black Friday sale
Subscribe today and get 10 weeks of The Spectator Australia for just $1
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Black Friday sale
Subscribe today and get 10 weeks of The Spectator Australia for just $1
SUBSCRIBEAlready a subscriber? Log in