Audio Mises Wire

Even after Admitting She Underestimated Inflation, Janet Yellen Still Doesn’t Understand What It Is

Audio Mises Wire
Frank Shostak

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.

Original Article: “Even after Admitting She Underestimated Inflation, Janet Yellen Still Doesn’t Understand What It Is”

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