Mises Wire
Author:
Brendan Brown
Online Publish Date:
How can we explain that the currency whose issuer has made the biggest inflationary mistake of all during the pandemic is the strongest (the US Consumer Price Index is up over 8 percent year on year), while that where the inflationary mistake if any has been the smallest (the Japan CPI is up less than 1 percent year on year) is the weakest? There