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MISES' SIX LESSONS: #4 - INFLATION (Austrian Audible on THE Bitcoin Podcast)
"When a government increases the quantity of paper money, the result is that the purchasing power of the monetary unit begins to drop, and so prices rise. This is called inflation."- Ludwig von Mises
In this Austrian Audible episode of THE Bitcoin Podcast, Walker reads Lecture 4: INFLATION, from Economic Policy: Thoughts for Today and Tomorrow by Ludwig von Mises, AKA Mises' Six Lessons
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Each of the six lectures will be read aloud by Walker and released as its own episode in the coming weeks, providing a solid introduction to the Austrian School of Economics (Capitalism, Socialism, Interventionism, Inflation, Foreign Investment, Policies & Ideas)
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#bitcoin #austrianeconomics #government #inflation #economics #bitcoinpodcast #propertyrights #government #democracy #money #capitalism #socialism #communism #mises #monetarypolicy
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