Deflation and liberty
By: Jo rg Guido Hu lsmann
Publisher: Ludwig von Mises Institute
Published: 2008
Place of publication: Auburn, Alabama
Language: eng
Number of pages: 46
ISBN-13: 9781933550350
Subjects: Prices; Deflation (Finance)
Description: Deflation is not inherently bad.  It creates winners and losers.  It also puts a temporary break on the concentration of power in the hands of government and in particular the executive branch.  In short, inflation is potentially a great liberating force.