When you change the definition of “inflation,” you change the responsibility for it.
"No other modern book from which the intelligent layman can learn so much about the basic truths of economics in so short a time." ~ F.A. Hayek
Controversy over high-frequency trading is just a distraction from the cultural effects of inflation.
Inflation wouldn’t be so hard to understand if it wasn’t wrapped up in so much untruth, wishful thinking, and misdirection, Richard Fulmer says.