Inflationism: State-Sponsored Monopoly or the Economic Strategy

Money is a fiscal unit that functions as a generally accepted medium of trade for transactional purposes. But that unit does not maintain its given value all the time. The money can lose its value more often than it gains. When it does, we lose our purchasing power. That is the product of inflation. Inflation is the deterioration in buying ability of a given currency over time. Using the phrase “time” is a cliche, merely because today, inflation is not only the product of time. Inflationism; the Heterodox Economy There are those who, in one way or another, support the iatrogenic…...