“As the United States and Europe struggle to get their economies rolling again, China is having the opposite problem: figuring out how to keep its revved-up growth engine from generating runaway inflation.” (New York Times)
“Inflation is always and everywhere a monetary phenomenon.” —Milton Friedman
FEE Timely Classic
“The Great Chinese Inflation” by Richard M. Ebeling
Learn about scarcity, prosperity, values, cooperation, character, markets, spontaneous order, and entrepreneurship. You'll see the profound effect of free markets on our standard of living across the globe and over hundreds of years.
FREE COURSEThis work is licensed under a Creative Commons Attribution 4.0 International License, except for material where copyright is reserved by a party other than FEE.
Please do not edit the piece, ensure that you attribute the author and mention that this article was originally published on FEE.org
{{relArticle.shareCount}}
