/austrian/

Thanks a lot!

Am I missing something? It seems from here you have to buy these papers, I'm not studying at an American university either.

>Inflation is expansion in money supply and nothing else

Fucking lmao. Have you heard of something called money velocity?

Mises cucks need to fuck off back to /pol/.

You don't have to pay at all m8. Just insert the full title of a paper into Full Text Search window and search from there, and once you got the right one just click on adobe icon. If that doesn't work for you, just paste the title into google and click the first link with nber.org as a website

>Not invited: Keynesian economists.

Got to love a school of thought that won't even allow dissenting opinions at the table.

Monetarist school master race. Checking in.

Obviously debt expansion will also create price inflation in the short-run, but it should (if allowed to be discharged) contract again.

In that sense the only long-run form of inflation is currency debasement, either via the printing press or via debasing of coinage with increasingly lower cost alloys.

Actually my basic macroeconomics class covered Friedman

Before 2022

Considering M1 increased by over 100% and CPI only increased by 13% since the 2008 recession/crash.. there's no strong relationship between monetary expansion and inflation