The Specter of Hyperinflation Looms over the Economy-Mises Institute
Authored By Michael Matulef,Mises 10/28/2023Michael Matulef The threat of hyperinflation has haunted fiat money economies throughout history. Although past empires crumbled under the weight of unrestrained money printing, modern bankers at the Federal Reserve assure us that today’s financial system is immune to such a fate. Austrian business cycle theory, however, reveals that current economic [...]