Inflation in Money or Prices? The Definition Matters

Andreas Granath is a recovering socialist who discovered the truth and beauty of Austrian economics and libertarianism. He joins Bob to discuss his recent article explaining the different definitions of "inflation" and why it matters.

Andreas' Mises Wire Article on CPI: https://Mises.org/HAP416a
The Silly IMF Tutorial on Inflation: https://Mises.org/HAP416b
Bob's Mises University Lecture on Price Inflation: https://Mises.org/HAP416c
Yaron Brook & Łukasz Dominiak Debate on Minarchy vs. Anarchy: https://Mises.org/HAP416d

Join us in Fort Myers on November 4 to cut through the campaign talking points and offer an uncompromising look at what is coming next. Use Code "FL2023" for $10 off admission: https://Mises.org/FL23

Human Action Podcast listeners can get a free copy of Per Bylund's How to Think About the Economy: https://Mises.org/HAPodFree

Chapters
00:00 The White House, the Fed, and the Economy
00:39 Free Book!
01:24 Introduction
05:50 Inflation and True Money Supply
13:25 CPI Camophlages Monetary Inflation
20:16 Inflation is a Tax
27:35 CPI and Inflation in the Eurozone