Easy Money, Easy Morals

10/30/2018 Joseph T. Salerno

In this 33-minute talk, Joseph Salerno discusses the right way to define inflation, and how it impacts both economic prosperity and culture.

Delivered at the conference titled “The Twentieth Century: An Austrian Critique,” sponsored by the Mises Institute and held in Atlanta, Georgia; 26-27 September 1997.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.