Economics Questions

Re: War and Inflation

resist272727 — Sun, 10 Oct 2010 02:07:11 GMT

It's not exactly the same. Lower consumer population means lower dollar value.

Re: War and Inflation

Gero — Fri, 08 Oct 2010 02:25:31 GMT

Lew Rockwell, chairman of the Ludwig von Mises Institute and editor of LewRockwell.com, gave a speech with the same title as this thread.

“are the effects of inflation the same when the Federal Reserve prints the money for war?”

Yes.

“In other words, do people still see the prices of items go up and their currency diluded in the same fashion as newly created money being pumped into the economy?”

Rising prices are a symptom of inflation, not inflation itself. Inflation is money supply expansion. If price controls are enacted prices will not rise, but usually a growing money supply will lead to higher prices.

Re: War and Inflation

Autolykos — Fri, 08 Oct 2010 02:11:31 GMT

Yes, they're more or less the same.

War and Inflation

Rothbardismyhomeboy — Fri, 08 Oct 2010 01:42:41 GMT

Hello everyone,

I have a question that I'm sure many of you will be able to answer. Here it is: are the effects of inflation the same when the Federal Reserve prints the money for war? In other words, do people still see the prices of items go up and their currency diluded in the same fashion as newly created money being pumped into the economy?

Thank you,

Adam