Thomas E. Woods, Jr is a senior fellow at the Ludwig von Mises Institute. In 2009, he published the book “Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse”. It was on the New York Times Best Seller list for 10 weeks. This...
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Inflation is an indirect tax on anyone owning currencies as the effect is a loss in purchasing power over time. However, most central bankers and politicians conveniently distort the true economic effects of inflation by redefining inflation as rising prices. The Austrian economists disproves most of the current economic theories and beliefs and enlightens...
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