With price inflation now evident to everyone, I decided to revisit some fallacies (like Elizabeth Warren’s claim that price increases are caused by “greed”) about inflation and fiat money.
Thomas E. Woods, Jr., is the 2019 winner of the Hayek Lifetime Achievement Award from the Austrian Economics Center in Vienna. He is a senior fellow of the Mises Institute and host of The Tom Woods Show, which releases a new episode every weekday. Visit https://tomwoods.com