Category: Inflation

They’ll Try to Inflate Away the Debt

0:02 / 17:44 They’ll Try to Inflate Away the Debt. It Won’t Work. The recent rise in price pressures around the world has reignited interest in understanding how inflation transmits to the real economy. Economists have long recognized that unexpected surges of inflation can redistribute wealth from creditors to debtors when debt contracts are written […]

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Bank Crisis & Inflation

In the early 20th century, many countries began to abandon the gold standard in favor of fiat currency, which is not backed by a tangible asset but is instead backed by the government that issues it. This shift allowed countries more flexibility in managing their monetary policy, but it also meant that the value of […]

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